For Sale
$950,000

3740 Henrietta Rd Rochester, NY 14623

Prime Retail Location, High Traffic

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
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.

Highlights

  • $950,000 asking price, including Class 5 Cannabis Retailer License, local and state approvals, land use entitlements, and a long-term lease.
  • Vacant 3,852 square foot retail building.
  • Located at 3740 W Henrietta Rd, Rochester, NY 14623.
  • Includes a drive-thru.
  • Lease terms: 5-year lease with three 5-year renewal options and 2% annual escalations.

Property Details for 3740 Henrietta Rd

Property type
Retail properties, Drug stores
Square Feet
3,852 SF

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.0792731
Longitude
-77.6405221

FAQs

What type of property is this?
Retail property - Prime Retail Location, High Traffic
Where is the retail property located?
The property is located at 3740 Henrietta Rd Rochester, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: $950,000 asking price, including Class 5 Cannabis Retailer License, local and state approvals, land use entitlements, and a long-term lease.; Vacant 3,852 square foot retail building.; Located at 3740 W Henrietta Rd, Rochester, NY 14623.
How can I contact the broker?
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3740 Henrietta Rd
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