New Jersey Green Zone Cannabis Retail Opportunity

Asking Price: $30,000

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New Jersey Green Zone Cannabis Retail Opportunity


Asking Price: $30,000

Asset Sale Description
Prime Class 5 Cannabis Retail Site for Lease
Class 5 Retail Cannabis Green Zone Property Available For Lease (Cumberland County, New Jersey) #1960

Prime cannabis zoned real estate in an approved green zone municipality in Cumberland County, New Jersey available for Lease! No business included, no license attached. This is strictly a lease opportunity, the asset that actually matters in a limited license market is a compliant location. In New Jersey, compliant property is often harder to secure than the license itself. Cumberland County is a coastal county located on the Delaware Bay in the Southern Shore of New Jersey.

The use is conditional. The incoming operator will need Planning Board approval and a letter of support from the town’s commissioners. Standard process in New Jersey. Before the address is released, Brokers’ NDA and representation agreements must be executed.

The property is not operational and not currently licensed. The new tenant would be walking into a clean slate with full flexibility to design, build, and brand the space to match their license type and operational strategy, subject to municipal and state approvals. Operators who control zoning control their future.



Proposed Lease Terms:

Discovery Phase Rental Rate: $1,900/Month while tenant secures licensing, permits, and completes build-out.
Operational NNN Lease: $10,000/Month with 5% Annual Increase
Lease Term: 5 Years, with (3) 5 Year Renewal Options
Property Details:

Space: 6,000 SqFt (Open Floor Plan)
Parking: Adjacent lot capable of holding 30 cars
Zoning: Approved Cannabis Green Zone
Additional Terms: Tenant responsible for standard NNN charges; TI allowance negotiable


Asking Price: $30,000.00

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®, Inc.
Listing Info
ID
2473998
Listing Views
26

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Business Listed by: Russell Miller GLB Group

Listing ID: 2473998 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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