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.
Standalone Building: ~2,962 SF with drive-thru, pylon signage, and 50+ parking spaces — ideal for high-volume cannabis retail
Sale Price: $1,195,000.00*
Building Size: 2,962 sq. ft.
3 Mile Population: 83,000+
Parking: 50+
Contact Canna Zoned MLS at 248-420-0420 or sales@cannazonedmls.com for more info.
You can also visit our website at www.cannazonedmls.com
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