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    OFF-MARKET
    Commercial real estate

    68700 Ave, Cathedral City, CA 92234

    Property ID
    Property summary
    AI-generated overview

    This fully operational cannabis dispensary in Cathedral City, CA, presents a unique investment opportunity. Established in 2017, this 1,900 sq ft business boasts annual state licenses for commercial retail and distribution of adult-use and medicinal cannabis. Currently operating as a dispensary, the business also holds unused licenses for delivery and a consumption lounge, offering significant expansion potential. The current monthly rent is $6,300, with lease terms negotiable with the landlord. Ample parking is available on-site. The asking price is $250,000, with the seller open to offers and considering a down payment of $125,000. The sale includes the entire business, existing lease, and all valuable licenses. This is an exceptional opportunity to enter or expand within the thriving cannabis industry. Interested parties must sign a non-disclosure agreement and provide proof of financials before receiving further detailed information.

    Property profile
    Verified
    Property type Commercial real estate
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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