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$ 2,350,000
Est. payment | /mo
1,800 SqFt
$ 2,350,000
Est. payment | /mo
1,800 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $1,305
MLS Listing ID 1224341
Year Built 1954
Annual Tax Amount $4,567
Lot Size 6,098 Sqft
Lot Dimensions 0.14
Property Sub-Type Retail
Source Daytona Beach Area Association of REALTORS®
Property Description
- Single-tenant net lease to Cookies, one of the largest and most popular national cannabis operators
- 2025 gut renovation
- 10 year initial term began in November 2025
- Blended Cap Rate of 8.4% through the initial term
- 2.5% annual rent increases
- renewal options through 2045
- Signalized hard corner with 48,900 AADT
- limited area competition
- 5 mile population 126,257
- Strong area household incomes
- 2025 gut renovation
- 10 year initial term began in November 2025
- Blended Cap Rate of 8.4% through the initial term
- 2.5% annual rent increases
- renewal options through 2045
- Signalized hard corner with 48,900 AADT
- limited area competition
- 5 mile population 126,257
- Strong area household incomes
Location
State FL
County Seminole
Direction - Fast-growing area in Orlando MSA - Located on signalized Corner of N Monroe and SR-46. - AADT 48,900 - Adjacent to many national retailers
Exterior
Parking Features Other
Building
Lot Description Other
Others
Senior Community No
Tax ID 28-19-30-503-0000-0090
Listed by SVN Alliance Commercial Real Estate Advisors