601 S High St
Columbus, OH 43215
Brewery District
HIGHLIGHTS
- Long Lease Term: Brand-new 10-year lease running through June 2035, with two (2) five-year renewal options on the back end.
- Absolute NNN Lease: The property is leased under an absolute NNN structure, with the tenant responsible for all operating expenses, including taxes, i
- Attractive Rental Increases: 3.00% annual rent escalations, creating strong, predictable NOI growth and built-in inflation protection.
- High Barrier To Entry: The property operates as a state-licensed cannabis dispensary, a use that benefits from strict licensing caps, zoning restricti
- Strong Multi-State/Established Operator: Trulieve is one of the largest cannabis operators in the country, with over 230 dispensaries and approximate
- Strong Cannabis Market: Ohio is one of the most attractive cannabis markets in the U.S., with medical marijuana sales exceeding $2.28 billion to date.
FOR SALE DETAILS
PRICE
$4,248,750 USD
PRICE/SF
$429 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Trulieve
PROPERTY TYPE
Office
ADD'L SUBTYPES
Bank, Drug Store, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1969
SPRINKLERS
-
PARKING SPACES
26
LAND DETAILS
LAND ACRES
0.27 AC
LAND SF
11,761 SF
ZONING
UCR
APN/PARCEL ID
010-034829
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305-905-3215
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305-905-3215
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