Green Dragon Cannabis
7.00% CAP Green Dragon Cannabis | Retail | 4,163 SF
Marketing description
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.
Investment highlights
Net Lease features minimal landlord responsibility
Fully remodeled building opened in 2023
Ten (10)-year initial lease term
Rent escalation of three percent (3%) annually
The property is located in the prime retail corridor of Crystal River
Green Dragon Cannabis has 31 stores in Florida and operates in the Florida and Colorado markets.
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