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Trulieve 601 S High St 9,900 SF Retail Building Columbus, OH 43215 $6,042,827 CAD ($610.39 CAD/SF) 8% Cap Rate
Investment Highlights
- Long Lease Term: Brand-new 10-year lease running through June 2035, with two (2) five-year renewal options on the back end.
- Attractive Rental Increases: 3.00% annual rent escalations, creating strong, predictable NOI growth and built-in inflation protection.
- Strong Multi-State/Established Operator: Trulieve is one of the largest cannabis operators in the country, with over 230 dispensaries
- Absolute NNN Lease: The property is leased under an absolute NNN structure, with the tenant responsible for all operating expenses, including taxes, i
- High Barrier To Entry: The property operates as a state-licensed cannabis dispensary, a use that benefits from strict licensing caps, zoning restricti
- Strong Cannabis Market: Ohio is one of the most attractive cannabis markets in the U.S., with combined medical and adult use sales surpassing $3B
Executive Summary
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 9,900 SF
- -
- Triple Net
- -
Trulieve est une société de cannabis intégrée verticalement leader de l'industrie et un exploitant multi-États aux États-Unis, avec des centres établis dans le Nord-Est, le Sud-Est et le Sud-Ouest, ancrés par des positions de leader sur le marché en Arizona, en Floride et en Pennsylvanie. Trulieve est sur le point d'accélérer sa croissance et son expansion, en développant son envergure dans le commerce de détail et la distribution dans les marchés nouveaux et existants grâce à sa stratégie de carrefour. En fournissant des produits innovateurs et de haute qualité dans l'ensemble de son portefeuille de marques, Trulieve offre une expérience client optimale et améliore l'accès au cannabis, aidant ainsi les patients et les clients à vivre sans limites. Trulieve est inscrite à la CSE sous le symbole TRUL et se négocie sur le marché OTCQX sous le symbole TCNNF.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 9,900 SF | - | Triple Net | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-034829 | Improvements Assessment | $236,266 CAD |
| Land Assessment | $122,471 CAD | Total Assessment | $358,737 CAD |
Property Taxes
Presented by
Trulieve | 601 S High St
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