Property Description
Listing #5079
Asking Price: $249,000
Unlock the potential of a highly strategic retail cannabis business in the vibrant city of Oxnard, CA. This opportunity includes the purchase of a pre-operational City of Oxnard cannabis license and a prime 3,000 SF retail space in a bustling strip center. Surrounded by a thriving mix of retail and residential properties, the location benefits from excellent visibility on a main thoroughfare with 27,000 cars passing daily and easy access to the nearby 101 freeway, which sees 150,000 cars daily. With a strong local economy, a 3-mile population of approximately 122,663, and an average household income of $106,593, this is the perfect spot to establish a successful cannabis retail operation. With its strong consumer spending power, excellent location, and robust community, Oxnard offers everything you need for success. Contact us today to learn more!
Investment Highlights
- Prime Retail Space: A 3,000 SF unit in a high-traffic strip center with excellent parking.
- This space includes two combined units, but can be reduced down to one unit which is about 1,700 SF.
- Lease Rate:
- 3,000 SF: Approximately $10,700 monthly, includes NNN
- 1,700 SF: TBD
- Exceptional Exposure: Located on a main thoroughfare and near the 101 freeway, ensuring significant visibility with high daily traffic counts.
- Robust Demographics: A 3-mile population of 122,663 with an average household income of $106,593.
- Thriving Surroundings: Strategically positioned among a balanced mix of retail and residential properties, creating a steady customer base.
- Licensing Advantages: Includes a pre-operational City of Oxnard cannabis license, providing a head start in entering the market.
- Steps to Operation: Purchasers will need to:
- Complete construction tailored for cannabis retail.
- Obtain state licensing.
- Finalize local licensing and compliance requirements.
- City Fees: A $250,000 city fee is required prior to opening, ensuring compliance and readiness.
- Expedited Opening: CUP and Construction Plans are approved.
Meilad Rafiei – License# 01788589 – WeCann
