CannaMLS ID: 263933
Marijuana Retail Facility for sale in Tallahassee, FL 32303
1126 THOMASVILLE RD, TALLAHASSE, FL SUNBURN CANNABIS
Created | Updated
Price
$ 3,146,300
Seller financing available
Sands Investment Group is Pleased to Present Exclusively For Sale the 4,434 SF Sunburn Cannabis Located at 1126 Thomasville Road in Tallahassee, FL. This Deal I
- Property
- Licenses
- General
Property
Address: 1126 Thomasville Road
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Monthly lease rate: $ 18,353
Building size (sq ft): 4,434
- Property
- Licenses
- General
Property
Address: 1126 Thomasville Road
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Monthly lease rate: $ 18,353
Building size (sq ft): 4,434
Description
Sands Investment Group is Pleased to Present Exclusively For Sale the 4,434 SF Sunburn Cannabis Located at 1126 Thomasville Road in Tallahassee, FL. This Deal Includes 9+ Years Remaining on a Triple Net (NNN) Lease With Minimal Landlord Responsibilities, Providing For an Excellent Investment. Operator (Green Sentry Holdings) just bought 14 new locations throughout Florida and is one of the most influential in the cannabis space.
9+ Years Remaining with 2x5 year options remaining. 2.5% bumps annually on the rent. Triple net lease, roof has just been replaced with a 15-year warranty. Tenant has put almost $250K into improving the property.
