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An NNN Capital Company

Trulieve

Price

$1,896,400

Deal In 30 Seconds

Nash Williams

STNL Property Video

Price

$1,896,400

The Deal in 30 Seconds

Nash Williams

Deal Highlights

No Surrounding Competition: Trulieve operates as the only dispensary in Lake Wales, the nearest competing dispensaries are located more than 10 miles away, establishing the property as the primary cannabis retail destination for the surrounding area. 

AdventHealth Lake Wales: Property operates less than half a mile from a 160-Bed AdventHealth Lake Wales Hospital — reinforcing the area's role as a destination for medical services and medical-adjacent Tenants like Trulieve. 

Surrounding National Retailers: Positioned along SR-60, the primary commercial corridor of Lake Wales, the property benefits from proximity to major national retail anchors including Walmart, Aldi, Rural King, etc. 

7.25%

Cap Rate

Triple Net

Lease Type

Term Remaining

8.5 Years

$137,489

NOI

2,427 sqft

Bldg Size

0.20 Acres

Lot Size

1964/2024

Year Built

$77,800

3 Mile HHI

17,858

3 Mile Pop

Landlord Responsibilities: None

Mark Thompson

Contact agent:

(689) NNN 9560

Nash Williams

Contact agent:

(689) NNN 9560

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Trulieve

Trulieve

$1,896,400

Main Agent Contact:

Nash Williams

(689) NNN 9550

Additional Agent:

Mark Thompson

(689) NNN 9560

Trulieve

Price

$1,896,400

Deal In 30 Seconds

Nash Williams

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