3740 Henrietta RdRochester, NY 14623

For Sale
$950,000

Prime Retail Location, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully operational cannabis dispensary in Rochester, NY. Located at 3740 W Henrietta Rd, this 3,852 square foot property is priced at $950,000, which includes a Class 5 Cannabis Retailer License, all necessary local and state approvals, land use entitlements, and a long-term lease for $9,300 per month (NNN). The property boasts a convenient drive-thru for customer convenience. Situated in a high-traffic area with over 13,000 daily vehicles passing by, and serving a 5-mile population of 164,233, this location offers significant market potential. The lease includes a 5-year term with three 5-year renewal options and a 2% annual rent escalation. This turnkey operation is ready for immediate revenue generation, capitalizing on the growing demand for cannabis products in Rochester's thriving market. The property's strong location, established license, and favorable lease terms make this an exceptional investment opportunity for experienced cannabis entrepreneurs. The asking price reflects the value of the license, approvals, entitlements, and the real estate lease.

Highlights

  • $950,000 asking price, including Class 5 Cannabis Retailer License, local and state approvals, land use entitlements, and a long-term lease.
  • Vacant 3,852 square foot retail building.
  • Located at 3740 W Henrietta Rd, Rochester, NY 14623.
  • Includes a drive-thru.
  • Lease terms: 5-year lease with three 5-year renewal options and 2% annual escalations.

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.0792731
Longitude
-77.6405221
3740 Henrietta Rd, Rochester, New York

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3740 Henrietta Rd
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