Retail License in Oxnard, CA – Great Location!

Details

Listing #5079

Asking Price: $249,000

Unlock the potential of a highly strategic retail cannabis business in the vibrant city of Oxnard, CA. This opportunity includes the purchase of a pre-operational City of Oxnard cannabis license and a prime 3,000 SF retail space in a bustling strip center. Surrounded by a thriving mix of retail and residential properties, the location benefits from excellent visibility on a main thoroughfare with 27,000 cars passing daily and easy access to the nearby 101 freeway, which sees 150,000 cars daily. With a strong local economy, a 3-mile population of approximately 122,663, and an average household income of $106,593, this is the perfect spot to establish a successful cannabis retail operation. With its strong consumer spending power, excellent location, and robust community, Oxnard offers everything you need for success. Contact us today to learn more!

Investment Highlights

• Prime Retail Space: A 3,000 SF unit in a high-traffic strip center with excellent parking.
  • This space includes two combined units, but can be reduced down to one unit which is about 1,700 SF.
• Lease Rate: 
  • 3,000 SF: Approximately $10,700 monthly, includes NNN
  • 1,700 SF: TBD
• Exceptional Exposure: Located on a main thoroughfare and near the 101 freeway, ensuring significant visibility with high daily traffic counts.
• Robust Demographics: A 3-mile population of 122,663 with an average household income of $106,593.
• Thriving Surroundings: Strategically positioned among a balanced mix of retail and residential properties, creating a steady customer base.
• Licensing Advantages: Includes a pre-operational City of Oxnard cannabis license, providing a head start in entering the market.
• Steps to Operation: Purchasers will need to:
  • Complete construction tailored for cannabis retail.
  • Obtain state licensing.
  • Finalize local licensing and compliance requirements.
• City Fees: A $250,000 city fee is required prior to opening, ensuring compliance and readiness.
• Expedited Opening: CUP and Construction Plans are approved.

Meilad Rafiei – License# 01788589 – WeCann