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32687499

Springfield, OR, Springfield, OR 97478 For Sale

MR
Ca 01788589
WeCannCa, Inc
Listed by WeCannCa, Inc
$295,000
62 days on market
Updated 18 days ago

Established Cannabis Dispensary for Sale | Springfield, OR

Details
Property Type Retail
Sub Type Storefront
Square Footage 3,500

Retail | 3,500 SqFt

Marketing description

A Rare Opportunity to Acquire a Fully Operational, Long-standing Cannabis Dispensary With Over 10 Years of Continuous Operation at the Same Springfield, Oregon Location. Situated on a High-traffic Main Thoroughfare With Prime Visibility, Strong Signage, and Ample Parking, This ~3,500 Sf Ground-floor Retail Unit is a True Turnkey Acquisition. The Landlord Has Agreed to Execute a Brand New 5-year Lease With the Incoming Buyer at a Below-market Rental Rate, Providing Immediate Stability and Long-term Security. Springfield Sits Within the Thriving Eugene Metro Market — a Region of 380,000+ Consumers With a Mature, Well-regulated Cannabis Landscape. Brand, Address, and Financials Are Available Upon Execution of an NDA.


Investment highlights

PRICE REDUCED - NEW ASKING PRICE = $295,0000

  • 0.39x Gross Income
  • 2.78x Net Income (EBITDA)

PROPERTY & INVESTMENT HIGHLIGHTS

  • Turnkey operation — walk in and operate from day one
  • ~3,500 SF ground-floor retail unit, first floor
  • 10+ years of continuous operation at the same location — proven customer base and brand equity
  • Located on a primary main thoroughfare with high daily traffic counts
    • Prominent frontage and signage visibility
  • Within 5 miles of the University of Oregon
  • Ample on-site parking
  • Lease currently on month-to-month — landlord is aware of sale and cooperative
    • New 5-year lease available to incoming buyer with 1 option to extend
    • Below-market base rent of $5,406/month + NNN (~$1,100/month)
      • Annual rent escalations of only 2.5%
  • Confidential sale — brand and address disclosed upon signed NDA

DEMOGRAPHICS & ECONOMICS

Springfield is a proven retail market embedded within one of Oregon’s most stable metro regions, offering a built-in consumer base with consistent spending power and strong cannabis affinity.

  • City population: 61,000+ residents | Eugene-Springfield metro: 380,000+
  • Median age: 37.4 years — squarely within the core cannabis consumer demographic
  • Median household income: ~$68,700 | Average household income: ~$78,100
  • Per capita income has more than doubled since 2000 — growing consumer spending power
  • Cost of living index: 97.1 — below the national average, preserving discretionary spend
  • Local workforce of 31,300+ with steady year-over-year employment growth
  • Primary retail corridor location draws commuters, daily shoppers, and regional traffic

Disclaimer:

All information contained herein is provided for general informational and marketing purposes only and is believed to be derived from sources deemed reliable; however, no representation or warranty, express or implied, is made as to the accuracy, completeness, or current applicability of such information. Information presented may include, but is not limited to, regulatory, licensing, zoning, market, financial, and operational data, all of which are subject to change without notice. Prospective purchasers are solely responsible for conducting their own independent due diligence and are encouraged to verify all information with appropriate governmental authorities and professional advisors prior to making any investment or acquisition decision.

Meilad Rafiei – License# 01788589 – WeCann

Listing Contacts

MR
Ca 01788589
WeCannCa, Inc
Listed by WeCannCa, Inc

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