Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

206 N Thurston Dr - Kentucky Medical Cannabis Dispensary 4,500 SF Specialty Building Offered at $2,450,000 in Russellville, KY 42276

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Retail Property for Lease in Russellville, KY – Kentucky Medical Cannabis Dispensary
206 Thurston Dr., Russellville, KY 42276
OVERVIEW
*Price includes state license and property zoned to allow cannabis use by right + long term lease of $6,500/Month NNN Positioned at 206 N Thurston Dr in Russellville, Kentucky, this property presents a rare opportunity for a cannabis dispensary, combining high visibility, strong traffic flow, and proximity to major national retailers. Located just off US 431, the site benefits from traffic counts exceeding10,000 vehicles per day and offers ample on-site parking for easy customer access. It sits in close proximity to high-traffic anchors including Walmart Supercenter, McDonald’s, Dairy Queen, Domino’s, Walgreens, and Dollar Tree, all of which drive consistent daily consumer activity and support strong retail synergy. What makes this opportunity truly unique is its exclusivity. With only 48dispensary licenses available statewide, and just 4 designated for the South-Central Kentucky region, this property is positioned for significant market capture. Even more compelling, Logan County currently has no licensed dispensaries, giving this location a powerful first-mover advantage and unmatched competitive edge.
HIGHLIGHTS
• Prime Retail Adjacency: Surrounded by national brands including Walmart, McDonald’s, Dairy Queen, Domino’s, Walgreens, and Dollar Tree—ensuring strong consumer traffic and brand synergy.
• Exclusive Market Advantage: One of only 4 dispensary licenses in South-Central Kentucky and the only potential dispensary in Logan County, offering zero local competition.
• Strong Local Demand: Serves a population of approximately 15,000residents within a five-mile radius, providing a stable and engaged customer base.
SALE PRICE: $2,450,000.00*
BUILDING SIZE: 4,500 sq. ft.
PARKING: 225+ Parking Spaces
DAILY TRAFFIC: 10,000 +
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

Price $2,450,000
Price Per SF $544.44
Sale Type Owner User
Sale Conditions
Build to Suit
  • Lease Option
Property Type Specialty
Building Class C
Lot Size 1.36 AC
Building Size 4,500 SF
No. Stories 1
Year Built 1980
Parking Ratio 10/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
053-02-00-404-00
Land Assessment
$10,370 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$10,370 (2024)
  • Listing ID: 36693828

  • Date on Market: 7/11/2025

  • Last Updated:

  • Address: 206 N Thurston Dr, Russellville, KY 42276

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}