Operational SoCal Dispensary Along Major Commuter Corridor – Inland Empire

Details

Listing #5171

Asking Price: $1,295,000

An outstanding opportunity to acquire a fully operational, compliant cannabis retail business with strong financials and room to grow, strategically located in the City of Corona, the gateway from Orange County to the Inland Empire. Open for approximately 24 months, this dispensary is currently on pace to generate $3.75 million in gross revenue in 2025. Both figures expected to rise as upward trends continue. The 10,000 SF facility is situated near a major freeway off ramp, that has over 300,000 vehicles cross the Riverside–Orange County line daily. The surrounding area includes a population of approximately 160,000 residents with a median household income of $89,000, making it a strong demographic fit for sustained cannabis retail sales. This is a rare opportunity to acquire a thriving cannabis retail business in a high-traffic, well-regulated market with upside potential and a supportive landlord.

Key Highlights:

• Licensed, operational cannabis dispensary with 2 years of activity
• Projected 2025 Revenue: $3.75M
• 10,000 SF retail facility with high-end improvements
• Strong local demographics: ~160K population, $89K median income
• Emerging retail market: Currently 9 operational stores in the city 
• Ample parking: 20 dedicated stalls
• Expansion potential: Lots of Room for Delivery operations. Building also qualifies for non-retail licenses.
• Base Rent: $22,500/month + NNN ($2.25/SF)
• Annual Escalations: 3%
• Lease Terms: 5 years with two 5-year options
• Buyer to sign a new lease
• Asking Price: $1,295,000 (just 0.35x gross revenue)

ALL TRANSACTIONS WILL BE COMPLETED IN ACCORDANCE WITH THE CITY OF CORONA LICENSE TRANSFER REQUIREMENTS.

Meilad Rafiei – License# 01788589 – WeCann