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Drug Store

Curaleaf

1345 Thomasville Rd, Tallahassee, FL 32303

Listing Price: $1,600,000

Cap Rate
5.63%
Tenant Name
Curaleaf
Years Remaining On Lease
1.9
Guarantor
Corporate Guarantee
Rentable SF
6,955
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.94

Investment Overview

Marcus & Millichap is pleased to offer this 6,955 square foot, single-tenant net leased, medical marijuana dispensary in the heart of Midtown in Tallahassee, FL. The subject has traditional retail street frontage and high walkability. Positioned ideally on a signalized four way stop on the corner of Thomasville Rd, N Gadsden St, and E 7th Ave. Multiple egress and ingress points allow for easy access through the subject parking lot.

Investment Highlights

  • Frontage on Heavily Trafficked Thomasville Rd, N Gadsden St, and E 7th Ave
  • Single-Tenant Triple Net Lease with Minimal Landlord Responsibilities
  • Population Count of Over 181,000 Within a Five Mile Radius
  • Recently Completed Capital Expenditures and Major Tenant Improvements
  • Located Two Miles from Florida State University and FAMU

Exclusively Listed By

Listing Price: $1,600,000

Cap Rate
5.63%
Tenant Name
Curaleaf
Years Remaining On Lease
1.9
Guarantor
Corporate Guarantee
Rentable SF
6,955
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.94

Investment Highlights

  • Frontage on Heavily Trafficked Thomasville Rd, N Gadsden St, and E 7th Ave
  • Single-Tenant Triple Net Lease with Minimal Landlord Responsibilities
  • Population Count of Over 181,000 Within a Five Mile Radius
  • Recently Completed Capital Expenditures and Major Tenant Improvements
  • Located Two Miles from Florida State University and FAMU

Investment Overview

Marcus & Millichap is pleased to offer this 6,955 square foot, single-tenant net leased, medical marijuana dispensary in the heart of Midtown in Tallahassee, FL. The subject has traditional retail street frontage and high walkability. Positioned ideally on a signalized four way stop on the corner of Thomasville Rd, N Gadsden St, and E 7th Ave. Multiple egress and ingress points allow for easy access through the subject parking lot.

Exclusively Listed By

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