CannaMLS ID: 8633
Created | Updated
Price
$ 1,250,000
Seller financing available
One of the premier retail operators in the state.
Stock image generated by CannaMLS. Request listing photos from seller.
Address: various
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: $ 5,000
Building size (sq ft): 3,000
Four dispensary package. Huge upside for a grower as flower only represents 18% of sales. One of the premier retail operators in the state with brand recognition, curb appeal, and class A real estate locations. Stores all have custom designed interiors, 35k+ traffic counts, adequate parking to support patient growth and freestanding buildings which range from 2,600 to 3,200 sf. The two Tulsa locations are both on busy intersections and have TTM (1/31/25) revenue of $600k and $400k with combined monthly cash-flow of $15k. The OKC metro store was a complete renovation in 2020 with current sales of $28k/month and is breaking even. The store in the Tulsa suburbs opened 2/1/21 and is currently doing $80k/month with cashflow of $17k. Price includes all equipment, fixtures and leasehold. Open to breaking-up the licenses and locations, strategic partnerships, out-right sale, or stock/cash purchase. If desired, CEO at will remain active with company for a period of 6 months.
All leases are 5 year term with additional 5 year options.
Stock image generated by CannaMLS. Request listing photos from seller.
Address: various
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: $ 5,000
Building size (sq ft): 3,000