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Wendy's 1899 Perimeter Rd 2,962 SF Retail Building Roseville, MN 55113 $695,000 ($234.64/SF)
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,962 SF
Building Class
C
Year Built
1978
Price
$695,000
Price Per SF
$234.64
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.78 AC
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
104’ on Perimeter Rd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-29-23-31-0005 | Improvements Assessment | $248,900 |
| Land Assessment | $611,800 | Total Assessment | $860,700 |
PROPERTY TAXES
Parcel Number
09-29-23-31-0005
Land Assessment
$611,800
Improvements Assessment
$248,900
Total Assessment
$860,700
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Wendy's | 1899 Perimeter Rd
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