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5712 West Waters Avenue, Tampa, FL , 33634
  • Size SF 5,515
  • Built/Renov2020
  • Price/SF$828
  • Lease Start11-16-2020
  • Rent/SF$66.20
  • Lease Type Abs NNN
  • Lot/AC0.37
  • Pop 5MI259,582

4,563,738

  • Cap Rate 8.00%
  • NOI $365,099
  • R. Term/Yrs 5.4
  • Guarantor Corporate
  • # Units 24
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Freeway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Sanctuary Cannabis has 7+ years remaining on the current lease term with 2 (10-year) options to extend
  • Lease features 2.33% annual rental increases throughout the initial term and at the beginning of each option period
  • Absolute NNN lease with zero landlord responsibilities
  • Corporate guarantee by Sanctuary Medicinals, LLC
  • Florida is one of the fastest growing cannabis markets in the U.S. with reported sales of $1.1B in 2021, and projected cannabis sales of $2.0B annually by 2025

 
  • Tenant Sanctuary Cannabis
  • Guarantor Corporate
  • #Units 24
  • Stock Private

Sanctuary Medicinals, LLC (dba Sanctuary Cannabis) is a vertically integrated cannabis company with operations in Florida, New Hampshire, and Massachusetts. Founded in 2015, the company is licensed to sell medicinal and recreational cannabis, with expertise in the cultivation, extraction, distribution, and sales of its cannabis products. Products offered to consumers include but are not limited to the following: flowers, tinctures, oils, extracts, salves, patches, and various edible options. After beginning operations exclusively in Massachusetts, Sanctuary Cannabis has been able to expand outside of the state and has since seen consistent growth by entering some of the top cannabis markets in the country. As of 2020 Sanctuary Medicinals Inc. has medical, recreational, and collocated licensed facilities throughout Massachusetts with a sister company Sanctuary ATC in New Hampshire. Over the past few years, Sanctuary has opened over 10 facilities across the state of Florida, one of the fastest growing cannabis markets in the entire nation. As of the beginning of 2023, they operate over 20 retail locations across 3 states. The company is headquartered in Littleton, Massachusetts.

...
1352 Main Street, Dunedin, FL , 34698
  • Size SF 2,926
  • Built/Renov1978/2020
  • Price/SF
    $906
    $1,051
  • Lease Start02-25-2021
  • Rent/SF$78.81
  • Lease Type Abs NNN
  • Lot/AC0.53
  • Pop 5MI215,625
2,650,448
3,074,520
  • Cap Rate
    8.70%
     
    7.50%
  • NOI $230,589
  • R. Term/Yrs 5.7
  • Guarantor Corporate
  • # Units 24
  • Signalized intersection

  • Hard corner intersection

  • Major thoroughfare

  • Dense retail corridor

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • New 2020 renovation
  • Tenant has over 7 years remaining on the current lease term with 2 (10-year) options to extend
  • Lease features 2.33% annual rent increases throughout the initial term and each option period
  • Absolute NNN with zero landlord responsibilities
  • Corporate guarantee by Sanctuary Medicinals, LLC
  • Tenant Sanctuary Cannabis
  • Guarantor Corporate
  • #Units 24
  • Stock Private

Sanctuary Medicinals, LLC (dba Sanctuary Cannabis) is a vertically integrated cannabis company with operations in Florida, New Hampshire, and Massachusetts. Founded in 2015, the company is licensed to sell medicinal and recreational cannabis, with expertise in the cultivation, extraction, distribution, and sales of its cannabis products. Products offered to consumers include but are not limited to the following: flowers, tinctures, oils, extracts, salves, patches, and various edible options. After beginning operations exclusively in Massachusetts, Sanctuary Cannabis has been able to expand outside of the state and has since seen consistent growth by entering some of the top cannabis markets in the country. As of 2020 Sanctuary Medicinals Inc. has medical, recreational, and collocated licensed facilities throughout Massachusetts with a sister company Sanctuary ATC in New Hampshire. Over the past few years, Sanctuary has opened over 10 facilities across the state of Florida, one of the fastest growing cannabis markets in the entire nation. As of the beginning of 2023, they operate over 20 retail locations across 3 states. The company is headquartered in Littleton, Massachusetts.

...
10064 West Indiantown Road, Jupiter, FL , 33478
  • Size SF 3,120
  • Built/Renov2004
  • Price/SF$999
  • Lease Start10-16-2020
  • Rent/SF$77.39
  • Lease Type Abs NNN
  • Lot/AC0.49
  • Pop 5MI48,918

3,115,613

  • Cap Rate 7.75%
  • NOI $241,460
  • R. Term/Yrs 5.3
  • Guarantor Corporate
  • # Units 29
  • Near major nationals

  • Shopping Ctr out-parcel

  • Strategically located

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • Over 500 units backed

  • ...
  • Sanctuary Cannabis has 6+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 2.33% annual rent escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Sanctuary Cannabis
  • Guarantor Corporate
  • #Units 29
  • Stock Private

Sanctuary Medicinals, LLC (dba Sanctuary Cannabis) is a vertically integrated cannabis company with operations in Florida, New Hampshire, and Massachusetts. Founded in 2015, the company is licensed to sell medicinal and recreational cannabis, with expertise in the cultivation, extraction, distribution, and sales of its cannabis products. Products offered to consumers include but are not limited to the following: flowers, tinctures, oils, extracts, salves, patches, and various edible options. After beginning operations exclusively in Massachusetts, Sanctuary Cannabis has been able to expand outside of the state and has since seen consistent growth by entering some of the top cannabis markets in the country. As of 2020 Sanctuary Medicinals Inc. has medical, recreational, and collocated licensed facilities throughout Massachusetts with a sister company Sanctuary ATC in New Hampshire. Over the past few years, Sanctuary has opened over 10 facilities across the state of Florida, one of the fastest growing cannabis markets in the entire nation. As of the beginning of 2023, they operate over 20 retail locations across 3 states. The company is headquartered in Littleton, Massachusetts.

...
5001 S US Hwy 1, Fort Pierce, FL , 34982
  • Size SF 5,000
  • Built/Renov2020
  • Price/SF$590
  • Lease Start09-30-2020
  • Rent/SF$47.19
  • Lease Type Abs NNN
  • Lot/AC0.72
  • Pop 5MI99,055

2,949,525

  • Cap Rate 8.00%
  • NOI $235,962
  • R. Term/Yrs 5.2
  • Guarantor Corporate
  • # Units 24
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Major thoroughfare

  • Dense retail corridor

  • Highway location

  • Income tax free state

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • New 2020 construction
  • Tenant has over 7 years remaining on the current lease term with 2 (10-year) options to extend
  • Lease features 2.33% annual rent increases throughout the initial term and each option period
  • Absolute NNN with zero landlord responsibilities
  • Corporate guarantee by Sanctuary Medicinals, LLC
  • Tenant Sanctuary Cannabis
  • Guarantor Corporate
  • #Units 24
  • Stock Private

Sanctuary Medicinals, LLC (dba Sanctuary Cannabis) is a vertically integrated cannabis company with operations in Florida, New Hampshire, and Massachusetts. Founded in 2015, the company is licensed to sell medicinal and recreational cannabis, with expertise in the cultivation, extraction, distribution, and sales of its cannabis products. Products offered to consumers include but are not limited to the following: flowers, tinctures, oils, extracts, salves, patches, and various edible options. After beginning operations exclusively in Massachusetts, Sanctuary Cannabis has been able to expand outside of the state and has since seen consistent growth by entering some of the top cannabis markets in the country. As of 2020 Sanctuary Medicinals Inc. has medical, recreational, and collocated licensed facilities throughout Massachusetts with a sister company Sanctuary ATC in New Hampshire. Over the past few years, Sanctuary has opened over 10 facilities across the state of Florida, one of the fastest growing cannabis markets in the entire nation. As of the beginning of 2023, they operate over 20 retail locations across 3 states. The company is headquartered in Littleton, Massachusetts.

...

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