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CODES DISPENSARY 1336 Clover Dr

1,296 SF Retail Building Jackson, MO 63755 $316,175 ($244/SF) 12% Cap Rate

Retail Space Missouri Jackson 1336 Clover Dr, Jackson, MO 63755

Investment Highlights

  • Codes dispensary is a privately held premier medical and recreational marijuana dispensary in Missouri.
  • Missouri has only issued about ±200 licenses for approved dispensary facilities
  • This property is surrounded by many national retailers in the immediate trade area
  • Codes currently has ±15 dispensaries in the state of Missouri. Codes’ parent company, Good Day Farm, is one of the top dispensary operators in the Sou
  • Since legalization of recreational adult-use cannabis sales in February 2023, Missouri has sold more than $1.75 Billion worth of cannabis
  • This property is strategically positioned along US Highway 61 (±27,400 VPD), a major north/south United States highway that extends ±1,400 miles

Executive Summary

Broker of Record
Kyle Matthews
License No. 2022018843 (MO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Attachments

Codes - Jackson, MO - OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
1,296 SF
Year Built/Renovated
1965/2020
Price
$316,175
Price Per SF
$244
Cap Rate
12%
NOI
$37,941
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Land Acres
0.67 AC
Parking
17 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
249 FT on East Jackson Boulevard

Links

1 of 1
(925) 215-8641

  • Listing ID: 33144226

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 1336 Clover Dr, Jackson, MO 63755

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CODES DISPENSARY | 1336 Clover Dr
(925) 215-8641 x

CODES DISPENSARY | 1336 Clover Dr

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Donovan Ballot

(925) 215-8641

(925) 215-8641

Vincent Chapey

(925) 718-7525

(925) 718-7525

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