Trulieve | 4256 Lafayette St
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Trulieve 4256 Lafayette St
2,624 SF Retail Building Marianna, FL 32446 $2,015,135 CAD ($768 CAD/SF) 7% Cap Rate
Investment Highlights
- Initial 12 year lease with over 10 years of term remaining on lease
- Open for Business. Tenant completely redid the roof and HVAC units as part of the rennovation
- Freestanding NNN Lease with zero Landlord responsibilities
Executive Summary
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,624 SF
Building Class
C
Year Built
1979
Price
$2,015,135 CAD
Price Per SF
$768 CAD
Cap Rate
7%
NOI
$141,060 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.83 AC
Opportunity Zone
Yes
Frontage
92 ft on Lafayette Street
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 04-4N-10-0000-0710-0000 | Improvements Assessment | $220,282 CAD |
Land Assessment | $119,614 CAD | Total Assessment | $339,896 CAD |
PROPERTY TAXES
Parcel Number
04-4N-10-0000-0710-0000
Land Assessment
$119,614 CAD
Improvements Assessment
$220,282 CAD
Total Assessment
$339,896 CAD
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Trulieve | 4256 Lafayette St
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