Property Description

Listing #5120

Asking Price: $995,000

Seize this rare opportunity to own a PRE-ICO retail storefront dispensary, one of the most sought-after cannabis licenses in Los Angeles. This exclusive license type is no longer being issued, making this a prime acquisition for operators looking to enter or expand in the Southern California market.

KEY HIGHLIGHTS:

• Highly Coveted PRE-ICO Retail Storefront License (Under LA DCR Jurisdiction)
• Turnkey Buildout Complete – Ready to open! Just needs product and staff
• Strategic Location – Closest dispensary to Simi Valley, a completely underserved market
• Prime Retail Strip Center – Co-tenants include Subway & Circle K, ensuring strong foot traffic
• Excellent Visibility & Access – Located on a hard corner along the major thoroughfare
• High-Traffic Retail Area – Starbucks, Del Taco, and other national retailers within a block
• Straightforward License Transfer Process – As per DCR guidelines

PROPERTY DETAILS:

• Size: Information coming soon
• Lease Rate: $6,100/month
• Lease Term: Information coming soon
• Lease Expires: Information coming soon
• Options to Extend: Information coming soon

WHY THIS LOCATION?

• Closest Dispensary to Simi Valley – No competition in a high-demand market
• Established Retail Corridor – Surrounded by national brands & daily consumer traffic
• Major Thoroughfare Exposure – High visibility on a well-traveled commuter route
• Diverse Customer Base – Proximity to residential communities, businesses, and commuters

MOTIVATED SELLER – PRICED TO SELL!

The seller is highly motivated and has priced this dispensary to move quickly. This is an unparalleled opportunity for an operator looking to capitalize on a high-demand, low-competition market with a fully licensed and ready-to-operate location.

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Meilad Rafiei – License# 01788589 – WeCann