For Sale
$1,400,000

Fully Operational Retail Storefront Maywood, CA 90270

Turnkey Cannabis Retail Business, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
136
This 800-square-foot, fully operational cannabis retail storefront in Maywood, CA, is offered at $1,400,000. The business, operating for approximately five years, boasts a loyal customer base and serves roughly 250 customers daily. Located on a busy street with approximately 30,000 cars passing daily and strong foot traffic, this presents a significant opportunity. The property benefits from limited competition, with only four other valid cannabis retail licenses in Maywood, and neighboring cities lacking similar businesses. The current operator reports minimal deliveries, suggesting significant revenue upside potential. A long-term lease (NNN, $7,000 monthly rent) is in place for the buyer to assume. This turnkey operation offers immediate income generation and significant growth potential in a strategically advantageous location. The property is an owner/user investment and has 100% occupancy. The price per square foot is $3,125.

Highlights

  • High-traffic location off a major thoroughfare with approximately 30,000 cars daily.
  • Excellent foot traffic.
  • Significant revenue growth potential.
  • Low delivery volume; opportunity for increased sales.
  • Long-term lease assumption available.
  • 800 square foot unit.

Property Details for 0 Fully Operational Retail Storefront

Property type
Retail properties, Retail space
Square Feet
800 SF

Location Insight

City
Maywood
County
Los Angeles
State
California
Latitude
33.9876248
Longitude
-118.1854042

FAQs

What type of property is this?
Retail property - Turnkey Cannabis Retail Business, High Traffic
Where is the retail property located?
The property is located at Fully Operational Retail Storefront Maywood, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: High-traffic location off a major thoroughfare with approximately 30,000 cars daily.; Excellent foot traffic.; Significant revenue growth potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Fully Operational Retail Storefront
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