Tallahassee Archives | Sands Investment Group

Sands Investment Group is Pleased to Present Exclusively For Sale the 5,555 SF MedMen Absolute NNN Investment Located at 1126 Thomasville Road in Tallahassee, Florida. This Deal Includes an Attractive Absolute Triple Net (NNN) Lease With 2.5% Annual Rent Bumps and Two Five Year Options, Providing For a Unique Investment.

7+ Years Remaining on an Attractive Absolute Triple Net (NNN) Lease With 2.5% Annual Rent Bumps and Two Five Year Options
Building is Currently Undergoing a Remodel and Renovations Retrofitted For MedMen Brand
MedMen is One of the Premium Cannabis Retailers in the United States and Has Been Leading With New Developments For Over a Decade; Their Team of Product Experts Offer an Unparalleled Shopping Experience at All of Their More Than 38 Stores (9 Coming Soon) Across Seven States — California, Nevada, Illinois, Arizona, New York, Massachusetts and Florida
Marijuana Dispensaries Remain Open as They Are Considered “Essential” Businesses
This Property is Located Two Blocks North of the Governors Mansion on Thomasville Road Which Sees Over 21,707 VPD
Tallahassee is the Capital of Florida With a Population Of Over 269,199 Within a 10-Mile Radius of This Property
Within a 10-Mile Radius of the Property the Average Household Income is Above $74,550
Annual Population Growth of 13.13% Since 2010 and Projected to Grow By 0.7% on a 5 Year Basis
As of April 16, 2021, There Was Over 533,750 Qualified Patients in Florida, Up From 333,810 About the Same Time Last Year
Nearby Florida State University Has a Total of 42,450 Students Enrolled
Florida is an Income Tax Free State
Nearby Tenants Include: Whataburger, Wells Fargo Bank, FedEx, Izzy Pub & Sushi, Taco Republic and More

In Cooperation With SIG RE Services, LLC Lic. # CQ1055229

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Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,403 SF Mavis Tires & Brakes at 3335 Beech Ridge Court in Tallahassee, Florida. This Opportunity Includes Over 16 Years Remaining on a Triple Net (NNN) Lease Property, Providing For an Excellent Investment.

Long Term 20 Year Corporately Guaranteed Lease With Over 16 Years Remaining
Fixed Rent Increases During Base Term and Options
Transferable 15 Year Roof Warranty and Limited Landlord Responsibilities
Mavis Tires & Brakes is One of the Largest Independent Tire and Service Providers in the U.S., Operating More Than 760 Fully-Equipped Service Centers Across 14 States
Located Across From Bannerman Crossings Which is a Brand New $300 Million Master-Planned Community With a Regional Shopping Center
Strong Demographics – Over 27,300 Residents Live Within a 3-Mile Radius Making an Average Household Income of Over $125,350
Located 10–Miles From Downtown Tallahassee Which is the State Capital
In 2019, the City’s Population Was 194,500 Residents, Making it the 7th Largest City in the State
Florida is an Income Tax Free State
Nearby Tenants Include: Starbucks, Target, Goodwill, Publix, Chick-fil-A, Dunkin’, Walmart Supercenter, Dollar Tree, Walgreens, Bank of America and More

In Cooperation With SIG RE Services, LLC – Lic. # CQ1055229

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities