Miscellaneous
Trulieve
645 Bayway Blvd, Clearwater, FL 33767
Listing Price: $2,103,000
Investment Overview
Marcus & Millichap is pleased to offer this 2,519 sq ft Trulieve medical cannabis dispensary located in Clearwater, Florida. Trulieve, operator of 57 locations nation-wide, signed a five-year, triple lease in February 2019 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
Listing Price: $2,103,000
Investment Highlights
- Triple Net Lease, Minimal Landlord Responsibility
- Corporate-Backed Lease
- Three Percent Annual Increases
- Trulieve Is Publicly Traded
Investment Overview
Marcus & Millichap is pleased to offer this 2,519 sq ft Trulieve medical cannabis dispensary located in Clearwater, Florida. Trulieve, operator of 57 locations nation-wide, signed a five-year, triple lease in February 2019 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
