$2,421,472 USD
954-902-5255
10615 E Colonial Dr
Orlando, FL 32817
University
HIGHLIGHTS
- Triple Net (NNN) Lease structure with the tenant responsible for taxes, insurance, and CAM, resulting in minimal landlord responsibilities.
- Established cannabis tenant (Mint) operating at the location with an established footprint in Florida’s growing medical cannabis market.
- Long-term lease with upside, featuring a lease expiration in September 2029 (3+ years remaining), 2, 5-year renewal options.
- An additional income stream from a billboard lease generates approximately $7,460 annually, boosting overall NOI.
- High-traffic Orlando corridor located on E Colonial Drive, a major retail thoroughfare with strong visibility and access.
- Mint has submitted a permit for new signage at the property.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 4,723 SF Mint Cannabis Dispensary located at 10615 E Colonial Drive in Orlando, FL. This deal includes a net-leased retail asset with an established tenant in a high-growth industry, offering passive income and long-term upside, and the property is secured by an Triple Net (NNN) Lease structure, with the tenant responsible for taxes, insurance, and common area maintenance, resulting in minimal landlord responsibilities and a management-free investment.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
FOR SALE DETAILS
PRICE
$2,421,472 USD
PRICE/SF
$513 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mint - Orlando, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Drug Store, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
0.86 AC
LAND SF
37,462 SF
ZONING
C-1
APN/PARCEL ID
17-2231-8826-00-030
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954-902-5255
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954-902-5255
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