Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a highly strategic single-tenant retail property located at 8602 N Dale Mabry Highway in Tampa, Florida. The 5,024-square-foot property occupies approximately 1.27 acres at a signalized intersection along North Dale Mabry Highway, one of Tampa’s most established and heavily trafficked commercial corridors. With approximately 60,500 vehicles passing the property daily, the site benefits from exceptional visibility, accessibility, and exposure. The property is currently occupied by Trulieve, one of the largest vertically integrated cannabis operators in the United States, under a corporate-guaranteed NNN lease. The lease extends through May 2031 and includes two additional five-year renewal options, with 10% rental increases every five years, providing investors with stable contractual income and built-in growth. Beyond the existing tenancy, the property's underlying real estate fundamentals make this an especially compelling retail investment. The expansive 1.27-acre site, signalized corner positioning, prominent Dale Mabry frontage, and 94 parking spaces create an exceptionally functional retail site capable of accommodating a broad range of users. The combination of a strong existing tenancy and highly desirable underlying real estate provides investors with both immediate income and long-term flexibility