Property Description

Listing #5032Asking Price: $2,950,000

Discover  a premier opportunity to acquire a fully constructed turnkey Type 5 Retailer License with complete local approval from the City of Absecon. The facility is currently under construction and will be delivered to the buyer fully built-out, with all final licensing approvals in place.

Located within a prominent retail strip mall on US Route 30 and Atlantic 651, your dispensary will benefit from high visibility and excellent traffic flow. Positioned on the main route connecting Philadelphia to Atlantic City, this location offers unparalleled exposure and convenience. Seize this opportunity to establish your business in a high traffic strategically located facility, perfectly positioned for success.

Investment Highlights:

• • Licensing Approvals
    • Conditional state license approved. Annual application materials submitted
    • Local resolution is approved. Construction almost complete
  • Turnkey Facility: The space will be fully constructed and ready for operation by December 2024.

• High Traffic Count:
  • Over 33,000 vehicles daily on US Route 30
  • Over 15,000 vehicles daily on Atlantic 651
• Complimentary Neighbors: Close to well-known retailers including:
  • Five Guys
  • Advanced Auto Parts
  • Walgreens
• Ample Parking: Features a large shared parking lot for ease or access
• Gateway to Atlantic City: Strategically positioned as a key entry point to this bustling destination.
• Property Size: 2,300 SF
• Monthly Lease Rate: $6,000 + NNN (Approximately $7,000 Total)
• Business Purchase Price: $2,950,000

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Meilad Rafiei – License# 01788589 – WeCann