Property Description
Listing #5252
Asking Price: $695,000
We are pleased to present this opportunity to purchase a locally and state approved micro-business license, tied to a property with a reasonable lease in place for the buyer to assume. Positioned at the highly trafficked intersection of I-35W and County Road 42, this ±3,000 SF corner retail location offers exceptional visibility, accessibility, and exposure in one of the strongest retail corridors in the South Twin Cities metro.
The site benefits from multiple ingress and egress points, strong monument and storefront signage opportunities, and immediate proximity to a dense concentration of national anchor retailers including Target, Costco, Walmart, Home Depot, Trader Joe’s and other daily-traffic drivers. This creates consistent consumer flow and strong co-tenancy synergy for retail cannabis operators.
Key Investment Highlights
- High-Visibility Signalized Corner Location
- Established Retail Trade Corridor with National Anchors
- Includes State + Local Cannabis Approvals
- Ability to Execute Vertical Integration Strategy
- Strong Early Market Positioning in Expanding Minnesota Cannabis Market
Location Overview
Lease & Occupancy Highlights
- Long-Term Lease in Place — Immediate operational pathway
- Approx. $6,750 / Month NNN — Competitive for high-traffic corridor
- ~3,000 SF building
- Lease Assignment Structure — Avoids new lease negotiation delays
- Existing Retail Infrastructure — Supports faster buildout timeline
- 30+ Parking Spaces — Supports high customer volume
Property & Location Highlights
- Signalized Corner at I-35W & County Rd 42
- High Daily Traffic Counts (Local + Regional Commuters)
- County Road 42: ~50,000 vehicles per day
- Excellent Visibility + Signage Exposure
- Multiple Ingress / Egress Points
- Established Big Box Retail Trade Corridor
National Retail Trade Drivers (Approximate Distance)
- Target: ~0.2 Miles
- Costco: ~0.5 Miles
- Home Depot: ~1.2 Miles
- Trader Joe’s: ~1.3 Miles
- Walmart Supercenter: ~1.5 Miles
Trade Area Strength
- ~170,000+ Residents Within ~5 Miles
- Strong Household Income Demographics
- Regional Retail Draw for Burnsville, Apple Valley, Lakeville, Eagan & South Minneapolis
Why Burnsville for Cannabis Retail
- Strong South Metro Retail Corridor
- Major Commuter Corridor Capture (I-35W)
- Proven National Retail Performance Node
- Established Cannabis Regulatory Framework
- Streamlined Local Registration Process
What can you do with a Minnesota Micro-business License
This opportunity includes the ability to operate under Minnesota’s Cannabis Micro-business framework, allowing participation across multiple parts of the cannabis supply chain under a single license structure.
Micro-business operators may be authorized to:
- Operate one retail dispensary location
- Conduct cultivation operations (indoor, greenhouse, or limited outdoor canopy)
- Perform manufacturing and product production activities (edibles, concentrates, infused products, etc.)
- Conduct wholesale transfers to other licensed cannabis businesses where permitted
This structure gives operators the ability to build a vertically integrated model, control product quality, improve margin potential, and develop branded product lines while maintaining a more manageable operational scale versus larger license classes.
Why Timing Matters
Minnesota remains in the early stages of full adult-use retail and supply chain scaling. Operators entering now have the opportunity to establish brand presence, build customer loyalty, and position themselves ahead of full market saturation.
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

