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Shopping Strip

Trulieve Center

3700 E Vista Chino, Palm Springs, CA 92262

Listing Price: $5,248,000

Cap Rate
6.45%
Gross SF
11,000
Rentable SF
11,000
Price/Gross SF
$477.09
Lot Size
1.02 acres
Year Built
1970

Investment Overview

Marcus & Millichap is pleased to offer this three tenant retail center anchored by Truelieve Inc. The subject property is an approximately 11,000 square foot center located on a 1.02 acre lot. All the tenants are current on their rent and paying on time. Trulieve Inc, operator of 57 locations nation-wide, is the main tenant of the center. Trulieve Inc is corporately guaranteed and publicly traded on multiple platforms. Triple Net lease structure offers minimal landlord responsibility with annual increases in rents and two five-year options to extend.

Investment Highlights

  • Corporate-backed Lease
  • Publicly Traded on the OTCQX and CSE
  • 100% Occupied and Paying Rent

Exclusively Listed By

Financing By

Listing Price: $5,248,000

Cap Rate
6.45%
Gross SF
11,000
Rentable SF
11,000
Price/Gross SF
$477.09
Lot Size
1.02 acres
Year Built
1970

Investment Highlights

  • Corporate-backed Lease
  • Publicly Traded on the OTCQX and CSE
  • 100% Occupied and Paying Rent

Investment Overview

Marcus & Millichap is pleased to offer this three tenant retail center anchored by Truelieve Inc. The subject property is an approximately 11,000 square foot center located on a 1.02 acre lot. All the tenants are current on their rent and paying on time. Trulieve Inc, operator of 57 locations nation-wide, is the main tenant of the center. Trulieve Inc is corporately guaranteed and publicly traded on multiple platforms. Triple Net lease structure offers minimal landlord responsibility with annual increases in rents and two five-year options to extend.

Exclusively Listed By

Financing By

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