PRE-ICO Retail Storefront for Sale – Turnkey – Chatsworth, CA

Details

Listing #5120

Asking Price: $995,000

Seize this rare opportunity to own a PRE-ICO retail storefront dispensary, one of the most sought-after cannabis licenses in Los Angeles. This exclusive license type is no longer being issued, making this a prime acquisition for operators looking to enter or expand in the Southern California market.

KEY HIGHLIGHTS:

• Highly Coveted PRE-ICO Retail Storefront License (Under LA DCR Jurisdiction)
• Turnkey Buildout Complete – Ready to open! Just needs product and staff
• Strategic Location – Closest dispensary to Simi Valley, a completely underserved market
• Prime Retail Strip Center – Co-tenants include Subway & Circle K, ensuring strong foot traffic
• Excellent Visibility & Access – Located on a hard corner along the major thoroughfare
• High-Traffic Retail Area – Starbucks, Del Taco, and other national retailers within a block
• Straightforward License Transfer Process – As per DCR guidelines

PROPERTY DETAILS:

• Size: 1,900 SF
• Lease Rate: $6,300/month approximately – Gross Lease
• Lease Expires: 12/31/27
• Options to Extend: 1 x 3 years extension

WHY THIS LOCATION?

• Closest Dispensary to Simi Valley – No competition in a high-demand market
• Established Retail Corridor – Surrounded by national brands & daily consumer traffic
• Major Thoroughfare Exposure – High visibility on a well-traveled commuter route
• Diverse Customer Base – Proximity to residential communities, businesses, and commuters

MOTIVATED SELLER – PRICED TO SELL!

The seller is highly motivated and has priced this dispensary to move quickly. Business has fallen out of escrow after 60 days due to the buyer’s inability to complete the sale and the seller is ready to close ASAP on this fully licensed and ready-to-operate location.

Meilad Rafiei – License# 01788589 – WeCann