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10064 W Indiantown Rd
Jupiter, FL 33478

Sanctuary Dispensary · Retail Property For Sale

Investment Highlights

  • Absolute NNN Lease with Annual Increases
  • Outparcel to Publix Anchored Center
  • Best-in-Class Tenant
  • Miami MSA
  • Affluent Demographics

Executive Summary

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Sanctuary
Dispensary property located in Jupiter, Florida (the “Property”). Sanctuary is operating under an absolute NNN lease with
zero landlord responsibilities whatsoever, offering a truly passive investment asset. The lease also features 2.33% annual rent
escalations throughout the base and option terms, providing investors with a boost to overall cash flows and a significant
hedge against inflation. See Lease Abstract for full details.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,200 SF
Building Class
B
Year Built
1998
Price
$4,091,524 CAD
Price Per SF
$1,279 CAD
Cap Rate
8.50%
NOI
$347,780 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.51 AC
Zoning
LO
Frontage
51 ft on Indiantown Rd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-41-41-01-05-001-0200
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,210,088 CAD
  • Listing ID: 31535323

  • Date on Market: 2024-04-17

  • Last Updated:

  • Address: 10064 W Indiantown Rd, Jupiter, FL 33478

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