Wesley Chapel, FL - Green Thumb Industries
$2,369,000
28053 Wesley Chapel Blvd, Wesley Chapel, FL 33543
7.15
Cap Rate
169,373
NOI
Details:
Description:
• 7+ years remain on this corporate guaranteed lease with an option to extend, demonstrating their commitment to the site
• The lease is signed by the parent operating company, Green Thumb Industries, dba Rise; Green Thumb has 20 manufacturing facilities, over 120 open retail locations and operations across 14 U.S. markets
• The lease features 3% annual rental increases throughout the initial term and option period, increasing NOI and hedging against inflation
• U.S. cannabis retail sales remain a significant growth market, with legal sales projected to surpass $50 billion annually by 2030 as additional states expand medical and adult-use programs
• Overall retail revenue increased 3.6% versus the second quater of 2025