Trulieve
6,434 SF | 100% Leased | Retail Building | Palm Coast, FL 32137 | $2,886,726 ($449/SF) | 7.30% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,886,726
- Property Type
-
Retail
- Square Feet
- 6,434 SF
- Price / Square Foot
- $449
Listing Contacts
Jason Donald
Verified Profile
Patrick Berman
Verified Profile
- Property Info
Property Overview
Cushman and Wakefield is pleased to offer for sale a 6,434 square foot, NNN Trulieve-anchored retail property store that includes net leases with two medical clinics. Trulieve is the leading medical cannabis company in the U.S., with 190+ locations (127 Florida locations: 48% market share). This offering represents the unique opportunity to acquire Fee Simple ownership of a freestanding building, leased on a long-term basis to the leading medical marijuana dispensary in Florida. The Property is located in proximity to a full Interstate 95 interchange.
Property Details
- Class
- B
- Year Built
- 2002
- Stories
- 1
- Property Subtype
- Storefront Retail/Office, Storefront
- Lot Size (sq. ft)
- 38,768 SF
Highlights
- Centrally located in Palm Coast with access to major arteries including Interstate 95 and Palm Coast Parkway
- Located within 0.5 mile of Interstate 95
- Strong trade area employment (14,242 employees within a 3-mile radius) generates significant tenant sales
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