Property Description
Listing #5029
Asking Price: $899,000
We are excited to present an exclusive opportunity to acquire a fully operational dispensary in Lansing, MI. This listing offers the flexibility to either continue operating the facility at its current location or to relocate the business to a new site. Lansing’s straightforward process for moving locations and transferring business licenses makes this a particularly advantageous opportunity. The existing lease at the current location can be canceled without penalty, providing further operational flexibility.
Lansing, MI is an ideal location for a retail cannabis business due to its favorable regulatory environment and growing market. The city has established clear and efficient procedures for cannabis business operations and relocations, making it easier to adapt to market demands. Additionally, Lansing’s central location within Michigan provides access to a broad customer base and benefits from its status as the state capital, which can drive increased foot traffic and brand visibility.
Investment Highlights
- Operational Flexibility: Continue operating at the current location or relocate the business.
- Prime Location Benefits:
- Regulatory Advantage: Simplified process for license transfer and relocation.
- Market Access: Central location with a strong customer base and high visibility.
- Limited License Jurisdiction – No further retail licenses will be issued
- Drive Through Window
- Temperature Controlled
Current Location Info
- Gas station and convenience store property
- Approximately 2,400 SF
- Monthly Lease Rate: Approximately $8,055 + NNN
- Existing lease can be canceled without penalty
- Significant upgrades completed by the seller
- 20,000 Cars Per Day
- Easy Freeway Access
Meilad Rafiei – License# 01788589 – WeCann
