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Trulieve 4256 Lafayette St

2,624 SF Retail Building Marianna, FL 32446 $1,421,642 ($542/SF) 7% Cap Rate

Drug Stores Florida Marianna 4256 Lafayette St, Marianna, FL 32446

Investment Highlights

  • Initial 12 year lease with over 10 years of term remaining on lease
  • Open for Business. Tenant completely redid the roof and HVAC units as part of the rennovation
  • Freestanding NNN Lease with zero Landlord responsibilities

Executive Summary

Absolute NNN Freestanding Trulieve medical marijuana dispensary property for sale. Trulieve signed an initial 12 year term, showing a strong commitment to the location, with over 10 years remaining on the initial term. This former Wendy's was completely redone by the tenant including a new roof and HVAC units. The lease boasts attractive annual rental increases of 2.5%. Zero Landlord responsibilities.

Attachments

Marianna - Trulieve - LF

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
2,624 SF
Building Class
C
Year Built
1979
Price
$1,421,642
Price Per SF
$542
Cap Rate
7%
NOI
$99,515
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
0.83 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Frontage
92 FT on Lafayette Street

Amenities

  • Signage
1 of 1

PROPERTY TAXES

Parcel Number 04-4N-10-0000-0710-0000 Improvements Assessment $156,628
Land Assessment $85,050 Total Assessment $241,678

PROPERTY TAXES

Parcel Number
04-4N-10-0000-0710-0000
Land Assessment
$85,050
Improvements Assessment
$156,628
Total Assessment
$241,678
(305) 297-6410

  • Listing ID: 33841074

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 4256 Lafayette St, Marianna, FL 32446

More public record information on 4256 Lafayette St, Marianna, FL 32446

The Retail Property at 4256 Lafayette St, Marianna, FL 32446 is currently available For Sale. Contact ABL Real Estate Partners for more information.

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Trulieve | 4256 Lafayette St
(305) 297-6410 x

Trulieve | 4256 Lafayette St

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Brandon Lumish

(305) 297-6410

(305) 297-6410

Aaron Labovitz

(305) 984-9212

(305) 984-9212

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