STNL.com is pleased to present this 100% fee simple single-tenant Cookies cannabis dispensary in Jacksonville, FL. This 3,923/SF triple net property is conveniently located adjacent to Interstate 95, the primary thoroughfarealong Florida’s East Coast, which boasts over 118,000 vehicles per day. Connecting you to I-95 is Baymeadows Road, which garners over 64,500 vehicles per day and is also the home of national tenants such Publix, Lowe’s, BJ’s Wholesale and many more. Furthermore, along Baymeadows Rd the presence of Florida State College at Jacksonville, home to 35,000 students. The presence of this college has led to the surrounding development of numerous housing complexes, totaling nearly 8,000 units within 3-miles. The initial term on this single tenant offering is 10-years in length and runs through March of 2034. The lease also calls for ten percent (10%) rental increases every five years including through the option periods. Through the balance of the lease the owner will enjoy a 7.77% blended CAP rate. This property can be acquired for $3,495,000.