Dania Beach, FL: NNN Trulieve Investment Opportunity
$2,862,520
520 Stirling Road, Dania Beach, FL 33004
5.45
Cap Rate
156,007
NOI
Details:
Description:
The Trulieve Portfolio is comprised of 8 NNN Trulieve stores, located throughout Florida. Trulieve is the leading medical cannabis company in the U.S with more than 100 locations in florida:
• 8 Net Leased Properties
• New 12 year lease extension from (09-01-2021 to 08-31-2033)
• Trulieve Portfolio Net Revenue: $1,190,207 (2% Annual Escalations)
• Purchase Price: $21,838,658 (5.45% Cap Rate)
Property: DANIA BEACH • 520 Stirling Rd, Dania Beach, FL 33004
Purchase Price: $2,862,520 (5.45% Cap Rate).
Properties may be available on an individual basis. Please inquire with the broker for additional info.
1.50% Fee to Buyer's Broker
Densely populated Urban Infill trade area Population: 234,250 residents (3-Mile Radius)
Major renovation completed in 2021
Largest MMD in Florida: 101 Locations
Forty Eight Percent (48%) Market Share
Publicly traded corporation: OTC: TCNNF
2021 revenue of $938.4 M+
162 Total Locations
Documents:
| Title | ||
|---|---|---|
|
Trulieve_Net-Lease_Investment_Portfolio_OM_April_2022.pdf
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Location
Gallery
