





1/76301 Stickle Road, Vernon, BC V1B3R4
$200,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
93%
Lot Size
1.24 ac
TURN-KEY CANNABIS RETAIL OPPORTUNITY – VERNON, BC Excellent opportunity to acquire Highlander Cannabis, a fully licensed non-medical cannabis retail store (LCRB Licence #450259) in Vernon’s North Okanagan market. This turn-key sale includes the licence, fixtures, equipment and lease. Approximately 800 sq. ft. of beautifully renovated retail space with an estimated $300,000 invested in the build-out. Features include custom secured display counters, lockable cannabis cabinets, POS system, safe, security cameras, alarm, security-barred tinted windows, steel staff door and security gate. Private office includes secure cannabis storage, sink and staff area. Two ductless heat/AC units, beverage fridge, furniture and décor are also included. Located on high-visibility Stickle Road with convenient parking and access. The store shares a commercial plaza with an established liquor store and neighbouring pub, providing complementary traffic and excellent exposure. Owner is selling due to a family matter unrelated to the business. An outstanding opportunity for an owner-operator or established cannabis retailer to acquire a professionally built, licensed location without the substantial cost and time of starting from scratch. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$924
Projected NOI
$14K
Annual cash flow
$3K
Cash-on-cash
5.04%
DSCR
1.27
Going-in cap
7.05%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
121,256
Households
49,981
Median income
$90,000
Median age
44.6
Daytime population
180,837
5-yr growth
4.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 6301 Stickle Road, Vernon.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.