Miscellaneous

Trulieve

520 Stirling Rd, Dania Beach, FL 33004

Listing Price: $1,492,000

Cap Rate
8.00%
Tenant Name
Trulieve
Years Remaining On Lease
2.10
Gross SF
2,086
Guarantor
Corporate Guarantee
Rentable SF
2,086
Price/Gross SF
$715.24
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$57.20

Investment Overview

Marcus & Millichap is pleased to offer this 2,086 sq ft Trulieve medical cannabis dispensary located in Dania Beach, Florida. Trulieve, operator of 57 locations nation-wide, signed a five-year, triple lease in January 2018 featuring three-percent annual increases through lease term. The subject property is corporately guaranteed and publicly traded on multiple platforms. Triple Net lease structure offers minimal landlord responsibility with annual increase in rent and multiple five-year options to extend.

Investment Highlights

  • Triple Net Lease, Minimal Landlord Responsibilities
  • Annual Three Percent Increases
  • Publicly Traded Corporation on The Canadian Stock Exchange
  • Corporate-Backed Lease
  • Gold Standard Tenant in Medical Marijuana

Exclusively Listed By

Listing Price: $1,492,000

Cap Rate
8.00%
Tenant Name
Trulieve
Years Remaining On Lease
2.10
Gross SF
2,086
Guarantor
Corporate Guarantee
Rentable SF
2,086
Price/Gross SF
$715.24
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$57.20

Investment Highlights

  • Triple Net Lease, Minimal Landlord Responsibilities
  • Annual Three Percent Increases
  • Publicly Traded Corporation on The Canadian Stock Exchange
  • Corporate-Backed Lease
  • Gold Standard Tenant in Medical Marijuana

Investment Overview

Marcus & Millichap is pleased to offer this 2,086 sq ft Trulieve medical cannabis dispensary located in Dania Beach, Florida. Trulieve, operator of 57 locations nation-wide, signed a five-year, triple lease in January 2018 featuring three-percent annual increases through lease term. The subject property is corporately guaranteed and publicly traded on multiple platforms. Triple Net lease structure offers minimal landlord responsibility with annual increase in rent and multiple five-year options to extend.

Exclusively Listed By

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