Miscellaneous
Turnkey Cannabis Dispensary | NNN Lease | Opportunity Zone | New London, CT
595 Bank St, New London, CT 06320
Listing Price: $1,200,000
Investment Overview
Premium Real Estate in a Rapidly Growing Industry
Higher Collective is a leading adult-use cannabis dispensary operator with five locations across Connecticut, strategically partnered with Curaleaf, one of the largest cannabis companies in the U.S. with $1.3B+ in annual revenues.
Featured Property: 595 Bank Street, New London, CT
$1M+ in recent upgrades – full renovation & tenant fit-out
Prime location across from a 140-unit luxury residential development
Steps from Amtrak, Cross Sound Ferry, and minutes from I-95
Surrounded by major employers: General Dynamics Electric Boat, U.S. Coast Guard, Social Security Administration, Lawrence + Memorial Hospital
Located in a federally designated Opportunity Zone
Investment Highlights
Stabilized asset generating $107,987 NOI (as of Dec 1)
Minimal landlord responsibilities
Positioned in a $42B U.S. cannabis market growing 9% annually
One of only 7 licensed dispensaries in Connecticut
This is a rare chance to invest in a stabilized, income-producing property in one of the nation’s fastest-growing sectors.
Turnkey Cannabis Dispensary | NNN Lease | Opportunity Zone | New London, CT
Investment Highlights
- NNN Lease | Predictable Income | 4% Annual escalations | Turnkey -recent $1M+ renovation
- Cannabis Dispensary | high-demand, growing industry | Partnered with largest national cannabis company
- Strong Location surrounded by density | Opportunity Zone (tax advantages)
- Strong Guaranty ($8M investment across 5 locations)
Exclusively Listed By
Miscellaneous
Turnkey Cannabis Dispensary | NNN Lease | Opportunity Zone | New London, CT
Listing Price: $1,200,000
Investment Highlights
- NNN Lease | Predictable Income | 4% Annual escalations | Turnkey -recent $1M+ renovation
- Cannabis Dispensary | high-demand, growing industry | Partnered with largest national cannabis company
- Strong Location surrounded by density | Opportunity Zone (tax advantages)
- Strong Guaranty ($8M investment across 5 locations)
Investment Overview
Premium Real Estate in a Rapidly Growing Industry Higher Collective is a leading adult-use cannabis dispensary operator with five locations across Connecticut, strategically partnered with Curaleaf, one of the largest cannabis companies in the U.S. with $1.3B+ in annual revenues. Featured Property: 595 Bank Street, New London, CT $1M+ in recent upgrades – full renovation & tenant fit-out Prime location across from a 140-unit luxury residential development Steps from Amtrak, Cross Sound Ferry, and minutes from I-95 Surrounded by major employers: General Dynamics Electric Boat, U.S. Coast Guard, Social Security Administration, Lawrence + Memorial Hospital Located in a federally designated Opportunity Zone Investment Highlights Stabilized asset generating $107,987 NOI (as of Dec 1) Minimal landlord responsibilities Positioned in a $42B U.S. cannabis market growing 9% annually One of only 7 licensed dispensaries in Connecticut This is a rare chance to invest in a stabilized, income-producing property in one of the nation’s fastest-growing sectors.
Exclusively Listed By
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