Marijuana Dispensary Storefront for sale in NM 87102

Seize the opportunity to acquire a fully operational cannabis dispensary business along with the option to purchase the real estate for $1.59M total. The facility is in the heart of Albuquerque, New Mexico (Population 955k+). Spanning 2,200 Sq Ft, this turn key facility is seeing over 100 customers per day. An investment of $600,000 has been made in securing all necessary licenses and constructing the retail store front  infrastructure. 

The business is located on a very busy main street and is visible from the I- 40 freeway with plenty of parking available. Whether you’re an established player in the cannabis market or a visionary entrepreneur looking to enter the industry, this opportunity provides a solid foundation for growth. Contact us today to explore this lucrative investment in the thriving New Mexico cannabis market. 

Details:

Prime Busy Location

Space: 2,200 Sq Ft 

Rent: $3.50 Sq Ft + NNN

Capital Invested: $600k

Option to Purchase the Real Estate at $799K

Opened January 2024

Seller is already Grossing $120k/ month, and has been open less than 90 days.

Seller is selling this opportunity basically at the cost of getting this operational. All of the hard work has been done.

$250k Down on the Business gets the Deal Done!

NO DEBT

License:

The adult-use retailer license authorizes the licensee to sell cannabis products to qualified patients and primary caregivers. Such licensees are also allowed to sell cannabis products to reciprocal participants or directly to cannabis consumers.

Asking Price: $299,000.00 (Option to Purchase Both Business & Real Estate for $1.59M)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Michael Greene, DRE LIC NM# 8553

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Drew (619) 653-0483

Email: ceo@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by Local Broker via the Green Life Business Group National Affiliate Program.