MedMen Absolute NNN Investment

MedMen | Tallahassee, FL

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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