Property summary
This fully operational dispensary in Fresno, CA, presents a unique investment opportunity. Established in April 2024, this 4,500 square foot storefront boasts a prime location on a hard corner, adjacent to a highway and gas station, ensuring high visibility. The property features over 40 parking spaces and prominent monument signage, maximizing brand exposure. The building underwent over $1 million in high-end tenant improvements. A 5-year lease is in place with options to extend, at a monthly rate of $9,800 plus NNN. The property itself is also available for purchase at $1.2 million, offering flexibility for potential buyers. This turnkey operation is a rare find, offering immediate income generation and significant growth potential in a thriving market. The free-standing, single-tenant building provides security and privacy. This is an exceptional opportunity to acquire a successful, established business with a strong track record and significant upside. The asking price for the business is $2,500,000.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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