We are pleased to present this opportunity to acquire a locally and state approved cannabis micro-business license, tied to a freestanding retail property with an assumable lease in place for the buyer. The property is positioned within a major retail and commercial corridor in Roseville, one of the strongest and most established retail submarkets in the Twin Cities metro.

The site is located within the immediate trade area of one of the region’s highest performing retail destinations. The surrounding area features a strong concentration of national anchor retailers, dining operators, and daily needs shopping. This environment supports consistent consumer traffic, strong co-tenancy synergy, and excellent brand exposure for cannabis retail operators.

Key Investment Highlights

Freestanding Retail Building with Dedicated Parking Field
One of Only Three Dispensary Licenses In the City
Includes State + Local Cannabis Approvals
Ability to Execute Vertical Integration Strategy
Located Within One of the Twin Cities’ Strongest Retail Trade Areas
Strong Early Market Positioning in Expanding Minnesota Cannabis Market

Location Overview

Lease & Occupancy Highlights

Long-Term Lease in Place — Immediate operational pathway
Approx. $6,900 / Month NNN — Competitive for core Twin Cities retail node
~2,900 SF Building
Lease Assignment Structure — Avoids new lease negotiation delays
Existing Freestanding Retail Infrastructure — Supports faster buildout timeline
50+ Parking Spaces — Supports high customer throughput

Property & Area Highlights

Freestanding Retail Building Within Major Retail Corridor
High Daily Traffic Counts (Retail + Commuter + Residential)
Excellent Visibility + Signage Exposure
Positioned Near One of the Twin Cities’ Highest Performing Regional Shopping Centers

National Retail Trade Drivers (Approximate Distance from Property)

Target: ~0.5 Miles
Macy’s (Rosedale Center): ~0.5 Miles
Nordstrom Rack: ~1 Mile

National Grocery + Dining Anchors (Immediate Trade Area)

Cub Foods: ~1 Mile
Kowalski’s Market: ~2 Miles
Chipotle: ~1 Mile
Panera Bread: ~1 Mile
Shake Shack: ~1 Mile

National Coffee + Fast Casual Operators

Starbucks: ~0.5 – 1 Mile
Caribou Coffee: ~0.5 – 1 Mile
Chick-fil-A: ~1 Mile
Raising Cane’s: ~1 Mile

Market & Demographics

Dense Twin Cities Metro Population Base
~200,000+ Residents Within ~5 Mile Trade Area
Strong Household Income Demographics
Central Metro Location with Regional Draw
High Daytime + Evening Traffic Patterns
Strong Retail Spend Driven by Regional Mall + Destination Retail

Why Roseville for Cannabis Retail

One of the Most Established Retail Markets in the Twin Cities
Centralized Metro Location Capturing North + East + Central Suburban Traffic
Proven National Retail Performance Node
Established Cannabis Regulatory Framework
1 of 3 Dispensaries – Limited Local Licensing Environment Supporting Long-Term Retail Stability

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 allows operators 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