Turnkey Dispensary + Real Estate 2010 Pecan Dr 5,401 SF 100% Leased Retail Building Alamogordo, NM 88310 $1,604,480 CAD ($297.05 CAD/SF)

Graystone Capital Advisors is pleased to present for sale the business and real estate at 2010 & 2013 Pecan Dr in Alamogordo, NM, a rare and strategic opportunity to acquire a fully operational, vertically integrated cannabis dispensary and cultivation facility. The offering includes fee-simple ownership of two contiguous parcels totaling 0.70 acres, an upgraded 6,138 square foot building, the highly successful S & H Green Life business, and its irreplaceable Type 3 license—the only one of its kind in the city.
The main building at 2010 Pecan Dr was renovated in 2022 with significant capital improvements tailored for cannabis operations, including upgraded electrical, security, HVAC, and cultivation infrastructure. The functional layout supports both dispensary and cultivation uses under one roof, offering efficient operations, brand control, and customer experience. The property is zoned C-3 Commercial, one of the few zones in the city that allows cannabis operations—further enhancing its strategic positioning and long-term viability.
Included in the offering is the adjacent 0.28-acre parcel at 2013 Pecan Dr, currently used for additional parking and equipment staging but well-positioned for future expansion, whether for cultivation canopy, manufacturing build-out, or modular grow pods. This additional land provides a critical operational advantage rarely found in urban cannabis settings.
S & H Green Life has also begun the application process for a Type 4 manufacturing license, which a new owner can pursue post-closing to unlock access to high-margin product lines such as oils, tinctures, edibles, and solvent-based extracts. The business benefits from a loyal customer base, excellent brand recognition, and a modern, welcoming retail environment that aligns with evolving consumer preferences.
Surrounding demographics support long-term demand: within a 3-mile radius, there are over 26,000 residents, a projected 2.4% population growth, and over $300 million in annual consumer spending. Nearly 65% of housing units are owner-occupied, indicating community stability, and average household incomes exceed $66,000. Nearby traffic counts exceed 9,300 vehicles per day, and the surrounding area includes a mix of residential neighborhoods, schools, and service businesses—driving consistent foot traffic and visibility for the dispensary.