Nectar - Gresham

4.7★★★★★(1904 reviews)

505 NW Burnside Rd, Gresham, OR 97030

Gresham, Oregon, United States

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Business facts

Estimated annual revenue~$3.0M
Estimated employees~10
Estimated wage bill~$531.2K
Estimate based on strong signals

Area statistics (97030)

Population38,947
Median household income$61,285
Source: US Census ACS

About

Nectar - Gresham, an Oregon-owned establishment, has been providing top-notch service, selection, and value to the community since 2014. They guarantee 100% customer satisfaction with every purchase and are open 365 days a year.

ℹ️
ATM
Yes
🚲
Bike Parking
Yes
💳
Credit Cards
Cash, Debit Card, Yes
🍽️
Dining Options
Delivery
ℹ️
Diversity Management
Veteran Led
🅿️
Parking
Parking Lot, Private Lot
💰
Price
$$
🚻
Restroom
Gender Neutral Restroom
Wheelchair Accessible
Parking, Yes
Categories: Recreational marijuana dispensary.
ISIC Codes: 4773.

Market analysis

Earning above its category median in a growing category (Recreational marijuana dispensary).

EstimateCategory trend: 2021, +19.0%

Revenue trend (modeled)

~$1.9M2019
~$2.1M2020
~$2.4M2021
~$2.7M2022
~$2.8M2023
~$3.0M2024
Modeled from category averages for the region+9.1%/yr since 201980% confidence band: ±68%

Property

Lot size0.66 acres
Land use201
ZoningCC
CountyMultnomah
On this lotshared with 1 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Recreational marijuana dispensary in Oregon896~$1.1B~$1.2M~$966.6K4.6★3.1×
Category revenue trend2021: +19.0%2020: +3.9%2019: +7.5%Modeled from business-level estimates
Chain pressure130 chains expanding in this category, led by Dollar Tree, The UPS Store, Dollar General (+1,915 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)188~$225.6M~$1.2M~$635.8K1,174~$121.6M4.7×
Wholesale and retail trade; repair of motor vehicles and motorcycles17~$44.3M~$2.6M89

1 km area (all businesses): median from the 156 of 188 businesses with estimates

Estimate

Area conditions (97030)

Population38,947 ±2,149
Median household income$61,285 ±$8,053
Median home value$373,800
Bachelor's degree or higher0.2%
Unemployment rate0.1%
Source: US Census ACS
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