1 Civic CtrSan Diego, CA 92103

Property Details for 1 Civic Ctr

Property size (Sq ft)

1,513 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional opportunity presents a fully licensed cannabis retail storefront and delivery operation in San Diego's vibrant downtown core. The property encompasses a 1,513 square foot, two-story building with five onsite parking spaces and convenient access to a nearby parking garage. The current lease agreement offers a highly advantageous pre-operational rent of $2,500 per month for a maximum of 150 days, allowing ample time for permitting and build-out. Post-operational rent is $27,000 per month. The lease is structured for a five-year term with four five-year renewal options, providing a total lease term of 25 years. This turnkey operation is ideally situated in a high-traffic area with a substantial population density, offering significant revenue potential. The license allows for both retail sales and delivery services, expanding market reach and maximizing profitability. The property's prime location near major landmarks and high daily traffic counts further enhances its value and appeal. This presents a unique opportunity for established operators or new entrants seeking a foothold in the lucrative San Diego cannabis market. The asking price is $3,990,000.

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.749

Longitude

-117.153

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