Property summary
This exceptional opportunity presents a fully licensed cannabis retail storefront and delivery operation in San Diego's vibrant downtown core. The property encompasses a 1,513 square foot, two-story building with five onsite parking spaces and convenient access to a nearby parking garage. The current lease agreement offers a highly advantageous pre-operational rent of $2,500 per month for a maximum of 150 days, allowing ample time for permitting and build-out. Post-operational rent is $27,000 per month. The lease is structured for a five-year term with four five-year renewal options, providing a total lease term of 25 years. This turnkey operation is ideally situated in a high-traffic area with a substantial population density, offering significant revenue potential. The license allows for both retail sales and delivery services, expanding market reach and maximizing profitability. The property's prime location near major landmarks and high daily traffic counts further enhances its value and appeal. This presents a unique opportunity for established operators or new entrants seeking a foothold in the lucrative San Diego cannabis market. The asking price is $3,990,000.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.