4256 Lafayette St - Drug Store FOR SALE


Marianna, FL 32446
$1,421,642 USD
305-297-6410
4256 Lafayette St, Marianna, FL for Sale
$1,421,642 USD
Drug Store - FOR SALE
1/5
null | 7% Cap Rate

4256 Lafayette St
Marianna, FL 32446


HIGHLIGHTS

  • Initial 12 year lease with over 10 years of term remaining on lease
  • Freestanding NNN Lease with zero Landlord responsibilities
  • Open for Business. Tenant completely redid the roof and HVAC units as part of the rennovation

OVERVIEW

Absolute NNN Freestanding Trulieve medical marijuana dispensary property for sale. Trulieve signed an initial 12 year term, showing a strong commitment to the location, with over 10 years remaining on the initial term. This former Wendy's was completely redone by the tenant including a new roof and HVAC units. The lease boasts attractive annual rental increases of 2.5%. Zero Landlord responsibilities.

FOR SALE DETAILS

PRICE

$1,421,642 USD

PRICE/SF

$542 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trulieve

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

-

APN/PARCEL ID

04-4N-10-0000-0710-0000

ASK ABOUT THIS PROPERTY

Brandon LumishABL Real Estate PartnersMore Info
305-297-6410

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Brandon LumishABL Real Estate PartnersMore Info
305-297-6410

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