Miscellaneous
Trulieve | 3% Annual Increases | NNN
404 Suzanne Dr, Spring Hill, FL 34607
Listing Price: $1,714,285
Cap Rate
7.00%
Tenant Name
Trulieve
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
3,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$40.00
Investment Overview
See OM
Trulieve | 3% Annual Increases | NNN
Investment Highlights
- LEASE 10-year base term 3% annual increases NNN – No Landlord Responsibilities Two, 5-year options Corporate guaranty by Trulieve Inc.
- INVESTMENT HIGHLIGHTS 8.02% average cap rate over the base term Brand new location under renovation – opening soon Frontage to U.S. Highway 19 which sees 38,500 VPD
- TRULIEVE Largest marijuana tenant in Florida with 127 locations Trulieve is one of the largest and most profitable U.S. cannabis operators with 200 dispensaries nationwide.
Exclusively Listed By
Financing By
Listing Price: $1,714,285
Cap Rate
7.00%
Tenant Name
Trulieve
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
3,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$40.00
Investment Highlights
- LEASE 10-year base term 3% annual increases NNN – No Landlord Responsibilities Two, 5-year options Corporate guaranty by Trulieve Inc.
- INVESTMENT HIGHLIGHTS 8.02% average cap rate over the base term Brand new location under renovation – opening soon Frontage to U.S. Highway 19 which sees 38,500 VPD
- TRULIEVE Largest marijuana tenant in Florida with 127 locations Trulieve is one of the largest and most profitable U.S. cannabis operators with 200 dispensaries nationwide.
Investment Overview
See OM
Exclusively Listed By
Financing By
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