New York Recreational Dispensary for Sale in Potsdam

Potsdam, NY 13676, USA
$3,950,000

Details

Listing 4961

Sales Price: $3,950,000

Potsdam, New York, presents a compelling opportunity for cannabis dispensaries. Situated in the northern reaches of the state, Potsdam offers a unique blend of academic influence, rural charm, and growing acceptance of cannabis products. Potsdam’s cannabis market exhibits promising growth potential, driven by evolving attitudes towards cannabis legalization and increasing consumer demand. Home of Clarkson University and situated near other academic institutions, Potsdam benefits from a diverse population base of students, faculty and residents. With recent legislative changes opening up opportunities for recreational cannabis sales, the demand for dispensaries in Potsdam is expected to rise.

Highlights

  • Just miles away from SUNY Potsdam & Clarkson University
  • Heavier traffic corridor w/access to Price Chipper Plaza
  • Monument Signage!
  • Ample Parking with 60 parking spaces
  • Below market Lease rate!!

Lease Terms:

  • $7,700/Month NNN
  • 10-Year Lease w/ (3) 5-Year Renewal Options
  • 2% Annual Escalators

Sale Price: $3,950,000*

Building Size: 7,700 Sq. Ft.

Daily Traffic: 14,638

*$3,950,000 includes the Class 5 Cannabis Retailer License, Local and State Approvals, Land Use Entitlements and Long-term lease of real estate for $7,700/Month NNN

Canna Zoned MLS Broker License #6505430639

  • ID: 11397
  • Published: April 15, 2024
  • Last Update: April 15, 2024
  • Views: 440

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