Ocala, FL - Curaleaf

Description:

• The lease is corporate guaranteed by Curaleaf Holdings, Inc., the world’s largest cannabis company by revenue
• 8+ years remain on this lease with 2 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 2% annual rent increases in the base term, and 3% annual increases in each option, growing NOI and hedging against inflation

• Curaleaf is strategically fronting SE Maricamp Road (14,300 VPD)
• Outparcel to Shores Landing, a 300,000+ SF Family Dollar and Save A Lot shopping center
• Maricamp Road is a primary retail corridor serving the city of Ocala that includes several national/credit tenants such as ALDI, Walmart Supercenter, CVS, Dollar Tree, Walgreens, and more
• The asset is half a mile from Heather Island Plaza, a 400,000+ SF Publix anchored shopping center that includes AutoZone, McDonald’s, Taco Bell, and more
• The Publix is ranked in the top 77% of all grocery stores nationwide (9,184 out of 41,160)