Lee & Associates is pleased to exclusively offer for sale the fee simple interest in a fully renovated, single-tenant Swish Cannabis property located at 10701 Burbank Boulevard in North Hollywood, California. The property consists of an approximately 1,802-square-foot freestanding retail building situated on 0.14 acres and was comprehensively renovated in 2023. The property is leased to Valley Opportunities, LLC, doing business as Swish Cannabis, a locally owned and operated dispensary. The sale-leaseback features a new 10-year NNN lease commencing upon close of escrow with 2% annual rent increases and two five-year renewal options.

Swish Cannabis operates a high-performing Class A dispensary with strong financials, a loyal customer base, and favorable online customer reviews. The property benefits from prominent corner positioning at Burbank Boulevard and Cartwright Avenue, with Burbank Boulevard carrying approximately 24,260 vehicles per day. The surrounding North Hollywood trade area features a substantial residential and employment base, with approximately 262,000 residents and 135,600 employees within three miles, expanding to more than 538,000 residents and 250,000 employees within five miles. Average household income is approximately $137,000 within three miles and $144,000 within five miles.

The property is strategically positioned within the North Hollywood submarket of Los Angeles, providing convenient access to the 170 and 134 Freeways, Hollywood Burbank Airport, and the North Hollywood Metro Station. The surrounding area benefits from proximity to major entertainment and employment centers, including Warner Bros., Disney, and Universal, as well as established retail destinations such as NoHo West, Burbank Empire Center, and Burbank Town Center. North Hollywood's dense infill population, strong retail infrastructure, transit connectivity, and ongoing mixed-use development reinforce the property's position within one of the Los Angeles area's established commercial corridors.