107 Nevada Ave Colorado Springs, CO 80903
Property summary
This fully operational cannabis dispensary in Colorado Springs, CO, is offered at $1,700,000. Boasting 4,500 sq ft (3,400 sq ft retail), it generated $2.8M in gross revenue in 2023 and is on track for $2M in 2024. The 5-year lease (with a 5-year option) costs $3,700/month + NNN. The sale includes all equipment: six POS systems with debit card terminals, three safes, an ATM, thirteen display cases, seven refrigerators, all inventory, packaging, supplies, computers, office equipment, furniture, decorations, and two DVR systems with 24 cameras. Ten or more parking spaces are available. Thirty days of seller training are provided. The business employs seven people and holds the necessary licenses for retail storefront cannabis sales. Seller financing is available with a $750,000 down payment. A non-disclosure agreement and proof of financials are required before further details are released.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Medical Clinic
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City Government Office
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Bicycle Rack
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City Government Office
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
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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
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