Kentucky Medical Cannabis Dispensary In Russellville, KY

Details

Listing #5184

Asking Price: $2,950,000

*Price includes state license and property zoned to allow cannabis use by right + long term lease of $6,500/Month NNN

Positioned at 206 N Thurston Dr in Russellville, Kentucky, this property presents a rare opportunity for a cannabis dispensary, combining high visibility, strong traffic flow, and proximity to major national retailers. Located just off US 431, the site benefits from traffic counts exceeding 10,000 vehicles per day and offers ample on-site parking for easy customer access. It sits in close proximity to high-traffic anchors including Walmart Supercenter, McDonald’s, Dairy Queen, Domino’s, Walgreens, and Dollar Tree, all of which drive consistent daily consumer activity and support strong retail synergy.

What makes this opportunity truly unique is its exclusivity. With only 48 dispensary licenses available statewide, and just 4 designated for the
South-Central Kentucky region, this property is positioned for significant market capture. Even more compelling, Logan County currently has no licensed dispensaries, giving this location a powerful first-mover advantage and unmatched competitive edge.

HIGH LIGHTS:

• Prime Retail Adjacency: Surrounded by national brands including Walmart, McDonald’s, Dairy Queen, Domino’s, Walgreens, and Dollar Tree—ensuring strong consumer traffic and brand synergy.
• Exclusive Market Advantage: One of only 4 dispensary licenses in South-Central Kentucky and the only potential dispensary in Logan County, offering zero local competition.
• Strong Local Demand: Serves a population of approximately 15,000 residents within a five-mile radius, providing a stable and engaged customer base.

Canna Zoned MLS Broker License #6505430639