CannaMLS ID: 253366
Created | Updated
Price
$ 9,900,000
Unique opportunity to acquire a Retail Cannabis License in New Jersey. The New Jersey adult-use market is projected to grow to $2 Billion by 2026! This state is
Stock image generated by CannaMLS. Request listing photos from seller.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Unique opportunity to acquire a Retail Cannabis License in New Jersey. The New Jersey adult-use market is projected to grow to $2 Billion by 2026! This state is a lucrative recreational market with high demand for licenses given the limited number of issued licenses. The licenses have already been approved by the municipality and are parked on a non built out facility. The sale is for the license and take over of the lease only. The permits are ready to be pulled for construction and can be opened in as little as 120 days. This is a great opportunity for someone who is looking to target a major cannabis market in New Jersey, a Multi-State Operator looking to expand their footprint in the industry, or someone who is looking to enter the industry.
Details:
Space: 3,800 Sq Ft
Rent: $35 SqFt
License:
Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
Asking Price: $9.9M (Seller Open to Offers)
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
Russell Miller, NJ License #1007010
Elliot Cardenas, DRE LIC CA# 02138336
Gordon Sattro, DRE CA LIC #02136011
If you have any questions Call Gordon 858-220-2185 or Elliot at (619) 770-2699
Email: gordon@glbgroupinc.com or elliot@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.
Stock image generated by CannaMLS. Request listing photos from seller.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail