For Sale
$18,500,000
1001 I St Sacramento, CA 95814
Two thriving dispensaries, prime locations.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- Two profitable California cannabis dispensaries are for sale, generating $29.8M in gross sales in 2022 and $34.3M with $6M net profit in 2023.
- The portfolio includes a flagship dispensary (est. 2018) and a newer dispensary (est. 2021) in high-traffic locations, ensuring consistent revenue.
- Both dispensaries significantly outperform industry averages. The sale includes real estate ownership or long-term lease options.
- 2024 year-to-date sales show continued growth exceeding 2023 performance. The asking price is $18.5M (offers considered).
- Location 1 (935 sq ft): Downtown Sacramento, 7 parking spaces; Location 2 (2,800 sq ft): Interstate location, 49 parking spaces. Both include inventory, equipment, and security systems; Location 2 also includes additional licenses.
- NDA and proof of financials required before releasing further details. Exclusive listing by Green Life Business Group, Inc. (DRE CA LIC# 02061374). Contact Drew Mathews (DRE CA LIC# 02091143) at (619) 653-0483 or [email protected].
Property Details for 1001 I St
- Property type
- Retail properties, Retail space
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.5816114
- Longitude
- -121.4919583
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Two thriving dispensaries, prime locations.
- Where is the retail property located?
- The property is located at 1001 I St Sacramento, CA.
- What is the asking price?
- The asking price for this property is $18,500,000.
- What are key features of this property?
- This property features: Two profitable California cannabis dispensaries are for sale, generating $29.8M in gross sales in 2022 and $34.3M with $6M net profit in 2023.; The portfolio includes a flagship dispensary (est. 2018) and a newer dispensary (est. 2021) in high-traffic locations, ensuring consistent revenue.; Both dispensaries significantly outperform industry averages. The sale includes real estate ownership or long-term lease options.
- How can I contact the broker?
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