cannabis dispensary business and property for sale · cannabis dispensary business and property for...
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James Gillespie
Oregon Principal Broker
(503) 890-5775
Heather Miller
Licensed Oregon Broker
(503) 444-5819
Cannabis dispensary business and property for sale
PROPERTY INFORMATION
Halsey Location-10735 NE Halsey Street
The Paradise Found Halsey location is in a former stand alone bank building. The drive through is still in place and the option is available to be added. The business has been operating for the past 3 years.
• Building $2,900,000
• Business $2,400,000
• Zoning CM2
• Building Square Feet: 5,400
• Lot Square Feet: 35,284
• ADA Accessible Doors & Parking
• Drive Through In Place
• 4.8 Leafly Rating Out Of 5.0
Milwaukie Location-10655 SE 42nd Ave.
The Paradise Found Milwaukie location has been in operation since April of 2019. The nearest dispensary is 1.6 miles away. This location has great demographics.
• Business $800,000
• Wholesale License $500,000
• Lease $4,000/month
• Lot Square Feet:10,029
• ADA Accessible Doors & Parking
• 4.8 Leafly Rating Out Of 5.0
• Complete Financial Package Is Available For Qualified Buyer
DEMOGRAPHICS
10735 NE Halsey Street
Portland, OR 97220
2019 ADT TRAFFIC COUNTS
2019 DEMOGRAPHICS ANALYSIS 1 Miles 3 Miles 5 Miles
Total Population 19,871 173,412 417,701
Total Number of Households 8,019 66,762 163,911
Total Number of Persons per Household 2.41 2.54 2.5
Average House Value $314,678 $353,388 $385,107
Average Household Income $50,534 $55,136 $60,033
Median Age 39.1 28 37.5
Population by Sex - Male 9,743 85,170 205,638
Population by Sex - Female 10,128 88,242 212,063
Halsey & NE 106th 16,400
Halsey & NE 102nd 15,568
DEMOGRAPHICS
10655 SE 42nd Ave.
Milwaukie, OR 97222
2019 DEMOGRAPHICS ANALYSIS 1 Miles 3 Miles 5 Miles
Total Population 15,887 130,257 354,821
Total Number of Households 6,663 53,393 146,997
Total Number of Persons per Household 2.94 2.97 2.97
Average House Value $402,652 $463,832 $493,505
Average Household Income $76,934 $90,454 $100,485
Median Age 42.2 40.2 39.5
Population by Sex - Male 7,757 63,521 173,763
Population by Sex - Female 8,130 66,736 181,058
2019 ADT TRAFFIC COUNTS
42nd Ave. & SE King Rd. 14,500
42nd & SE Harrison St. 8,478
LOCATION OVERVIEW
NE Halsey St.
NE Weidler St.
NE
10
6th
Av
e.
SE
42
nd
Av
e.
SE Harrison St.
SE Jackson St.
10655 SE 42nd Ave. Milwaukie, OR 97222 10735 NE Halsey Street Portland, OR 97220
KELLER WILLIAMS REALTY PORTLAND CENTRAL
919 NE 19TH AVE, SUITE 100, PORTLAND, OR 97232 Each Office is independently owned and operated
10735 NE Halsey Street
Portland, OR 97220
James Gillespie
Foundation Commercial Group
Oregon Principal Broker
503.890.5775
Heather Miller
KW Commercial
Licensed Oregon Broker
(503) 444-5819
Confidentiality & Disclaimer:
All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or
warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability,
financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.
Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or
information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active
conduct of its own due diligence to determine these and other matters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for
a party unless otherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate
third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and
consulting appropriate independent professionals. KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or
assumptions. KW Commercial does not serve as a financial advisor to any party regarding any proposed transaction.
All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/
or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and
governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with
an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney.
Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers,
architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Chicago-O'Hare in compliance with all applicable fair housing and equal
opportunity laws.
10655 SE 42nd Ave.
Milwaukie, OR 97222