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21708 State Road 54
Lutz, FL 33549
Sunnyside · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease – There are zero landlord responsibilities, making it a great investment opportunity for a passive investor.
  • Long–Term Lease – There are over 9 Years remaining on the base term of the lease, providing stability and security for investors.
  • Attractive Rental Increase – 3% Annual Rental Increases, providing investors with a hedge against inflation.
  • Upcoming Rental Increase – The next rental increase is scheduled for October 2023, which presents an excellent opportunity for increased investment
  • Corporate Guarantee – Cresco Labs Inc, currently has 64 Dispensaries and 21 production facilities across 10 different states.
  • 4 Drive–Thru Lanes – This location offers a significant advantage with its fully equipped 4–lane drive–thru, providing enhanced efficiency

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
4,798 SF
Building Class
B
Year Built/Renovated
1988/2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.46 AC
Zoning
C1, County - Neighborhood Commercial District
Parking
39 Spaces (8.13 Spaces per 1,000 SF Leased)
Frontage
282’ on Osprey Ln

AMENITIES

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-26-18-0000-07700-0010
Land Assessment
$828,930
Improvements Assessment
$630,642
Total Assessment
$1,459,572
  • Listing ID: 28630296

  • Date on Market: 6/1/2023

  • Last Updated:

  • Address: 21708 State Road 54, Lutz, FL 33549

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