91 NE Us Hwy 19 - Freestanding FOR SALE


Crystal River, FL 34429
$1,609,200 USD
813-712-3068
91 NE Us Hwy 19, Crystal River, FL for Sale
$1,609,200 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate

91 NE Us Hwy 19
Crystal River, FL 34429


HIGHLIGHTS

  • Net Lease features minimal landlord responsibility
  • Net Lease features minimal landlord responsibility
  • Ten (10)-year initial lease term
  • Rent escalation of three percent (3%) annually

OVERVIEW

RMC is pleased to present this free-standing Green Dragon Cannabis located in Crystal River, Florida. Green Dragon Cannabis is situated at the SEC of Suncoast Blvd (US Hwy 19) and NE 1st Street. This net lease investment features an initial ten (10)-year lease term that requires minimal landlord responsibility for operating and capital expenditures. The lease includes an attractive three percent (3%)annual rent increases. The Green Dragon Cannabis open on July 7th 2023. Green Dragon Cannabis can be accessed by Suncoast Blvd (US Hwy 19) and NE 1st St. The intersection has a combined traffic count of 27,500 AADT.

FOR SALE DETAILS

PRICE

$1,609,200 USD

PRICE/SF

$387 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Green Dragon Cannabis

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

CH

APN/PARCEL ID

17E-18S-22-0020-00000-2150

ASK ABOUT THIS PROPERTY

Brandon EgglestonRMC Property GroupMore Info
813-712-3068

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

Brandon EgglestonRMC Property GroupMore Info
813-712-3068

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