4465 W King St - Freestanding FOR SALE


Cocoa, FL 32926- Port St John/Cocoa West
$1,540,743 USD
305-984-9212
4465 W King St, Cocoa, FL for Sale
$1,540,743 USD
Freestanding - FOR SALE
1/1
null | 7.5% Cap Rate


HIGHLIGHTS

  • Single Tenant Absolute NNN Lease with Zero Landlord Responsibilities
  • 3% Annual Increases
  • Fully Guaranteed lease by the #1 medical marijuana company in Florida. Tenant open and operating.

OVERVIEW

Freestanding Trulieve medical marijuana dispensary located directly off of the I-95 exit of King Street. Trulieve is open for business, completely redid the building in 2024. ~9 years remaining on initial lease | 3% annual increases | absolute NNN lease | No Landlord responsibilities | Fully Guaranteed lease

FOR SALE DETAILS

PRICE

$1,540,743 USD

PRICE/SF

$893 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trulieve Cocoa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

C

APN/PARCEL ID

24-35-35-00-00007.0-0000.00

ASK ABOUT THIS PROPERTY

Aaron LabovitzABL Real Estate PartnersMore Info
305-984-9212

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Aaron LabovitzABL Real Estate PartnersMore Info
305-984-9212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.