Details
Listing #5198
Asking Price: $895,000
Located at 1899 Perimeter Rd in Roseville, MN, this premier retail asset offers a unique and highly exclusive opportunity—recently approved for one of only
three cannabis dispensary licenses issued in the entire city. Formerly a Wendy’s, the ~2,962-square-foot standalone building sits on a high-visibility
parcel with a drive-thru, generous parking (50+ spaces), and prominent pylon signage.
Strategically positioned just steps from Rosedale Center, one of Minnesota’s top-performing regional malls, the location benefits from powerful national
retail adjacencies, including Target, Macy’s, Nordstrom Rack, Starbucks, CVS, and several full-service restaurants like P.F. Chang’s and Cheesecake Factory.
The surrounding trade area boasts over 83,000 residents within a 3-mile radius and an average household income nearing $99,000, offering a well-
balanced blend of high traffic, strong consumer spending, and local brand recognition. With limited cannabis licensing in the city, proximity to national
brands, and flexible retail infrastructure, this site is perfectly positioned for a flagship dispensary location with built-in foot traffic and long-term growth
potential.
HIGH LIGHTS:
- Exclusive Cannabis License: One of only three dispensary licenses issued in Roseville, offering built-in market protection and limited competition.
- Prime Retail Corridor: Located near Rosedale Center with national anchors like Target, Macy’s, Nordstrom Rack, Starbucks, and P.F. Chang’s.
- Standalone Building: ~2,962 SF with drive-thru, pylon signage, and 50+ parking spaces — ideal for high-volume cannabis retail.
Contact Green Zoned Realty License #6505430639
248-453-6202 or sales@greenzonedrealty.com for more info.
You can also visit our website at www.greenzonedrealty.com
Grow – Process – Transport – Safety Compliance – Provisioning Center
- ID: 12450
- Published: September 9, 2025
- Last Update: September 9, 2025
- Views: 1669