Discover a prime North Bronx dispensary perfectly positioned to get ahead of the competition in one of the borough’s busiest commercial corridors. Fordham is known for its high foot-traffic, strong retail activity, and dense residential population, driven by nearby Fordham University, major shopping destinations, and a diverse, loyal local community. The neighborhood’s demographics skew young, multicultural, and highly engaged—ideal for a thriving retail cannabis operation.
The dispensary features 2,600 sq ft on the first floor, 2,600 sq ft on the second floor, plus 600 sq ft of basement space. While the building is currently subdivided for sublease, the leaseholder controls the entire property, with the first floor in active use. A strong long-term lease is already in place: 10 years remaining with two 5-year extension options, at $550,000 per year with 3% annual increases.
The business is already showing impressive traction, generating $220K NET revenue in October, serving an average of 220 customers per day, and positioned for continued growth as the area’s cannabis market expands.
