CannaMLS ID: 8621

Sold

Cannabis Retail Storefront for sale in Norman, OK 73069

Operational – Dispensary for Sale Norman OK

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Price

$ 50,000

Currently operational dispensary in Norman, OK on the major arterial into Norman with 25,000+ vpd traffic counts and great curb appeal. Custom design elements a

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Property

  • Address: 2202 Tecumseh Drive

  • Property is: For lease

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Retail

  • Monthly lease rate: $ 2,750

  • Building size (sq ft): 1,650

Description

Currently operational dispensary in Norman, OK on the major arterial into Norman with 25,000+ vpd traffic counts and great curb appeal. Custom design elements and millwork through-out the store. This location primarily services higher-end patients with a high value/low cost model. The store opened in March 2020 and services the cities of both Moore and Norman. Current annualized revenues of $250k. Sale would include lease assignment ($2750/month, 2.5 years remaining w/ two 5 yr options), and all FF&E. Price does not include product inventory.

2.5 years remaining on initial term, with two 5 year options. No annual escalators in the rent for first 5 years.

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