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The Nlag Advantage
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Land O' Lakes, FL 34639
AYR Wellness
Property Address
21529 Village Lakes Shopping Center Drive, Land O' Lakes, FL, USA
Offering Summary
Price:
$4,554,500
Lot Size:
.45 Acres
Cap Rate:
5.75%
Year Built:
1989/2022
Building SF:
4,029
Status:
Available
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Broker
Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
10 Percent Rental Increases Every Five Years
100,600 Residents within a Five-Mile Radius - Tampa Bay MSA
Rapidly Growing Trade Area with Households and Population Projected to Increase 11%+ within a Five-Mile Radius by 2026
Excellent Frontage Along SR-54 (62,500+ Cars/Day), with Direct Access to I-75 and US-41 (Land O' Lakes Blvd)
Property Benefits from Cross-Access Easement Allowing for Additional Parking within the Shopping Center
Situated in Village Lakes Shopping Center, Anchored by Marshalls, Ross, Bealls Outlet, Dollar Tree, and YouFit Gym
Average Household Income Exceeds $118,000 within Five Miles of Site
Located in Dense Retail Corridor - Lowe's, McDonald's, Walmart, Target, and More
Tenant is a Growing Cannabis Operator with 70+ U.S. Locations and $357.6 Million in FY 2021 Revenue
Broker Information
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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