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Miscellaneous

AYR Wellness (Liberty Health Sciences) | 15-Yr NNN Cannabis Dispensary | Tampa MSA

21529 Village Lakes Shopping Center Dr, Land O' Lakes, FL 34639

Listing Price: $4,554,500

Cap Rate
5.75%
Tenant Name
DFMMJ Investments, LLC
Years Remaining On Lease
14.7
Gross SF
4,029
Guarantor
Corporate Guarantee
Rentable SF
4,029
Price/Gross SF
$1,130.43
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$65.00

Investment Overview

Ayr Wellness Inc. ("Ayr") (CSE: AYR.A, OTCQX: AYRWF) is an expanding vertically integrated, U.S. multi-state cannabis operator, focused on delivering the highest quality cannabis products and customer experience through its footprint. Based on the belief that everything starts with the quality of the plant, the Company is focused on superior cultivation to grow superior branded cannabis products. Ayr strives to enrich consumers' experience every day through the wellness and wonder of cannabis. Land O' Lakes is located in Pasco County, Florida and is part of the Tampa Bay Metropolitan Area. Home to over 36,000 residents, Land O' Lakes has seen tremendous growth over the years with the construction of new neighborhoods, shopping centers, and schools.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 100,600 Residents Within a Five-Mile Radius - Tampa Bay MSA
  • Rapidly Growing Trade Area with Households and Population Projected to Increase Over 11 Percent Within a Five-Mile Radius by 2026
  • Excellent Frontage Along SR-54 (Over 62,500 Cars per Day), with Direct Access to I-75 and US-41 (Land O' Lakes Boulevard)
  • Property Benefits from Cross-Access Easement Allowing for Additional Parking within the Shopping Center
  • Situated in Village Lakes Shopping Center, Anchored by Marshalls, Ross, Bealls Outlet, Dollar Tree, and YouFit Gym
  • Average Household Income Exceeds $118,000 Within Five Miles of Site

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Miscellaneous

AYR Wellness (Liberty Health Sciences) | 15-Yr NNN Cannabis Dispensary | Tampa MSA

Listing Price: $4,554,500

Cap Rate
5.75%
Tenant Name
DFMMJ Investments, LLC
Years Remaining On Lease
14.7
Gross SF
4,029
Guarantor
Corporate Guarantee
Rentable SF
4,029
Price/Gross SF
$1,130.43
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$65.00

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 100,600 Residents Within a Five-Mile Radius - Tampa Bay MSA
  • Rapidly Growing Trade Area with Households and Population Projected to Increase Over 11 Percent Within a Five-Mile Radius by 2026
  • Excellent Frontage Along SR-54 (Over 62,500 Cars per Day), with Direct Access to I-75 and US-41 (Land O' Lakes Boulevard)
  • Property Benefits from Cross-Access Easement Allowing for Additional Parking within the Shopping Center
  • Situated in Village Lakes Shopping Center, Anchored by Marshalls, Ross, Bealls Outlet, Dollar Tree, and YouFit Gym
  • Average Household Income Exceeds $118,000 Within Five Miles of Site

Investment Overview

Ayr Wellness Inc. ("Ayr") (CSE: AYR.A, OTCQX: AYRWF) is an expanding vertically integrated, U.S. multi-state cannabis operator, focused on delivering the highest quality cannabis products and customer experience through its footprint. Based on the belief that everything starts with the quality of the plant, the Company is focused on superior cultivation to grow superior branded cannabis products. Ayr strives to enrich consumers' experience every day through the wellness and wonder of cannabis. Land O' Lakes is located in Pasco County, Florida and is part of the Tampa Bay Metropolitan Area. Home to over 36,000 residents, Land O' Lakes has seen tremendous growth over the years with the construction of new neighborhoods, shopping centers, and schools.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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