Property summary
This exceptional investment opportunity presents a fully operational cannabis dispensary in Rochester, NY. Located at 3740 W Henrietta Rd, this 3,852 square foot property is priced at $950,000, which includes a Class 5 Cannabis Retailer License, all necessary local and state approvals, land use entitlements, and a long-term lease for $9,300 per month (NNN). The property boasts a convenient drive-thru for customer convenience. Situated in a high-traffic area with over 13,000 daily vehicles passing by, and serving a 5-mile population of 164,233, this location offers significant market potential. The lease includes a 5-year term with three 5-year renewal options and a 2% annual rent escalation. This turnkey operation is ready for immediate revenue generation, capitalizing on the growing demand for cannabis products in Rochester's thriving market. The property's strong location, established license, and favorable lease terms make this an exceptional investment opportunity for experienced cannabis entrepreneurs. The asking price reflects the value of the license, approvals, entitlements, and the real estate lease.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Department Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Rochester, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 05 - COMMERCIAL in Rochester, NY.
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