STNL Property Video
Price
$1,896,400
The Deal in 30 Seconds
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














