Log In/Sign Up
Your email has been sent.
Mint - Orlando, FL 10615 E Colonial Dr 4,723 SF Retail Building Orlando, FL 32817 $3,342,770 CAD ($707.76 CAD/SF) 7% Cap Rate
Investment Highlights
- Triple Net (NNN) Lease structure with the tenant responsible for taxes, insurance, and CAM, resulting in minimal landlord responsibilities.
- Long-term lease with upside, featuring a lease expiration in September 2029 (3+ years remaining), 2, 5-year renewal options.
- High-traffic Orlando corridor located on E Colonial Drive, a major retail thoroughfare with strong visibility and access.
- Established cannabis tenant (Mint) operating at the location with an established footprint in Florida’s growing medical cannabis market.
- An additional income stream from a billboard lease generates approximately $7,460 annually, boosting overall NOI.
- Mint has submitted a permit for new signage at the property.
Executive Summary
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
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,723 SF
Building Class
C
Year Built/Renovated
1987/2019
Price
$3,342,770 CAD
Price Per SF
$707.76 CAD
Cap Rate
7%
NOI
$233,994 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.86 AC
Zoning
C-1
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
114’ on Colonial Dr
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Mint Cannabis Dispensary
- Retailer
- 4,723 SF
- $46.63 CAD
- Triple Net
- Sep 2029
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Mint Cannabis Dispensary | Retailer | 4,723 SF | $46.63 CAD | Triple Net | Sep 2029 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-2231-8826-00-030 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,018,683 CAD |
Property Taxes
Parcel Number
17-2231-8826-00-030
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,018,683 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Mint - Orlando, FL | 10615 E Colonial Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.