request_info_guest false

Wesley Chapel, FL - Green Thumb Industries

$2,369,000

28053 Wesley Chapel Blvd, Wesley Chapel, FL 33543

Active
Last Updated: 08/17/2026

7.15

Cap Rate

169,373

NOI

Details:
Cap Rate:    7.15%
NOI:    $169,373
Building Size:    3,248 sqft
Lot Area:    2.9 acres
Occupancy:    100%
Year Built:    1991
Zoning:    Commercial
Floors:    1
Year Last Renovated:    2023
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

Map:
Location
Gallery