1899 Perimeter Rd - Fast Food FOR SALE


Roseville, MN 55113
$695,000 USD
248-453-6202
1899 Perimeter Rd, Roseville, MN for Sale
$695,000 USD
Fast Food - FOR SALE
1/5
null | Request Cap Rate

1899 Perimeter Rd
Roseville, MN 55113


OVERVIEW

Retail Property for Sale/Lease in Roseville, MN Minnesota Recreational Cannabis Dispensary 1899 Perimeter Rd., Roseville, MN (Former Wendy’s) OVERVIEW *Price includes state and municipal cannabis retail approvals + long term lease of $6,912/Month NNN Located at 1899 Perimeter Rd in Roseville, MN, this premier retail asset offers a unique and highly exclusive opportunity—recently approved for one of only three cannabis dispensary licenses issued in the entire city. Formerly a Wendy’s, the ~2,962-square-foot standalone building sits on a high-visibility parcel with a drive-thru, generous parking (50+ spaces), and prominent pylon signage. Strategically positioned just steps from Rosedale Center, one of Minnesota’s top-performing regional malls, the location benefits from powerful national retail adjacencies, including Target, Macy’s, Nordstrom Rack, Starbucks, CVS, and several full-service restaurants like P.F. Chang’s and Cheesecake Factory. The surrounding trade area boasts over 83,000 residents within a 3-mile radius and an average household income nearing $99,000, offering a well-balanced blend of high traffic, strong consumer spending, and local brand recognition. With limited cannabis licensing in the city, proximity to national brands, and flexible retail infrastructure, this site is perfectly positioned for a flagship dispensary location with built-in foot traffic and long-term growth potential. HIGHLIGHTS Exclusive Cannabis License: One of only three dispensary licenses issued in Roseville, offering built-in market protection and limited competition. Prime Retail Corridor: Located near Rosedale Center with national anchors like Target, Macy’s, Nordstrom Rack, Starbucks, and P.F. Chang’s. Microbusiness License Advantage: in addition to the dispensary location, this license allows full vertical integration, including 5,000 SF canopy for cultivation, 10,000 lbs of cannabis product processing annually Standalone Building: ~2,962 SF with drive-thru, pylon signage, and 50+ parking spaces — ideal for high-volume cannabis retail Sale Price: $695,000.00* Building Size: 2,962 sq. ft. 3 Mile Population: 83,000+ Parking: 50+ More properties for sale and lease! Contact Green Zoned Realty at 248-453-6202 or sales@greenzonedrealty.com for more info. You can also visit our website at www.greenzonedrealty.com Grow – Process – Transport – Safety Compliance – Provisioning Center

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

09-29-23-31-0005

ASK ABOUT THIS PROPERTY

Sam PaulusGreen Zoned RealtyMore Info
248-453-6202

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Sam PaulusGreen Zoned RealtyMore Info
248-453-6202

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.