Listed by SURMOUNT
$1,960,000
4-Unit Trulieve Portfolio
Details
Property Type Retail
Sub Type Storefront, Cannabis
Square Footage 6,227
Cap Rate 8.25%
NOI $161,676
Occupancy 100%
Tenancy Single
Brand/Tenant Trulieve
Lease Type NNN
Lease Term 10
Lease Expiration 06/29/2029
Remaining Term 3.1
Rent Bumps Yes
Lease Options 2, 5-Year Options
Year Built 1967
Acreage 0.720
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/25/2019
Ownership Fee Simple
Retail | 8.25% CAP | 6,227 SqFt
Investment highlights
- Strong Portfolio Yield | Attractive 8.25% cap rate across the entire portfolio delivers consistent cash flow and strong in-place return for investors.
- Long-Term NNN Lease Structure | All assets are secured by long-term triple net leases, minimizing landlord responsibilities and providing passive income stability.
- Built-In Rent Escalations | Annual rent increases ranging from 3.0% to 5.0% ensure steady income growth and hedge against inflation over time.
- Strategic Multi-Market Diversification | Portfolio spans four key Florida MSAs, reducing risk while capturing growth across multiple high-performing regions.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$161,676.00
$13,473.00/mo
Valuation Metrics
0
DSCR
8.25%
Cap Rate
8.25%
ROI
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