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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
Drug Store
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

Waffle House
Grocery Outlet
CrossFit
the Human Bean
Hancock Whitney Bank
Regions Bank

PROPERTY TAXES

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
  • Listing ID: 33841074

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 4256 Lafayette St, Marianna, FL 32446

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