28 N Old Kings Rd - Storefront Retail/Office FOR SALE


Palm Coast, FL 32137
$2,886,726 USD
813-223-6300
28 N Old Kings Rd, Palm Coast, FL for Sale
$2,886,726 USD
Storefront Retail/Office - FOR SALE
1/14
null | 7.3% Cap Rate

28 N Old Kings Rd
Palm Coast, FL 32137


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

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.

FOR SALE DETAILS

PRICE

$2,886,726 USD

PRICE/SF

$449 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trulieve

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,681 SF

ZONING

COM-2

APN/PARCEL ID

07-11-31-7001-000B0-0010

ASK ABOUT THIS PROPERTY

Jason DonaldCushman & WakefieldMore Info
813-223-6300

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Jason DonaldCushman & WakefieldMore Info
813-223-6300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.