This offering represents a rare opportunity to acquire a fee-simple, single-tenant retail investment leased to Trulieve, one of the largest and most established cannabis operators in the United States. The property is strategically located along A1A in St. Augustine Beach, a high-traffic coastal corridor with ±27,500 vehicles per day and strong synergy with national retailers such as Walgreens, Publix, Dunkin’, and Bank of America. The asset features a long-term, corporate-guaranteed NNN lease with approximately 10.5 years remaining and four additional five-year renewal options, providing stable cash flow and predictable rent escalations of 3% annually. Trulieve has invested over $1.45 million in leasehold improvements and equipment, underscoring its commitment to this location. The property benefits from a new roof installed in 2026, excellent ingress/egress, and a large ±1.09-acre parcel offering residual land value and future redevelopment potential. Situated in St. Johns County—one of Florida’s fastest-growing and most affluent markets—the site combines strong demographics, high household incomes, and robust retail demand. This investment delivers a secure income stream backed by a leading multi-state operator with a proven track record of growth and profitability.