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Cookies 105 Monroe Rd 1,798 SF Retail Building Sanford, FL 32771 $2,350,000 ($1,307.01/SF)
Investment Highlights
- Cookies Sanford Dispensary (Orlando MSA)
Executive Summary
- Single-tenant net lease to Cookies, one of the largest and most popular national cannabis operators
- 2025 gut renovation
- 10 year initial term began in November 2025
- Blended Cap Rate of 8.4% through the initial term
- 2.5% annual rent increases
- renewal options through 2045
- Signalized hard corner with 48,900 AADT
- limited area competition
- 5 mile population 126,257
- Strong area household incomes
- 2025 gut renovation
- 10 year initial term began in November 2025
- Blended Cap Rate of 8.4% through the initial term
- 2.5% annual rent increases
- renewal options through 2045
- Signalized hard corner with 48,900 AADT
- limited area competition
- 5 mile population 126,257
- Strong area household incomes
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
1,798 SF
Building Class
C
Year Built
1954
Price
$2,350,000
Price Per SF
$1,307.01
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.48 AC
Zoning
C1
Parking
22 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
84’ on Monroe Rd
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Sobik’s Subs, since 1969, has been putting out its signature Steak & Cheese, Cuban sandwiches, and Deli Subs in the Orlando, Florida area. As they push forward to new markets, Sobik’s retains the integrity of its recipes, quality of food and service to all new and existing franchisees.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $231,409 | |
| Land Assessment | $174,723 | Total Assessment | $406,132 |
Property Taxes
Parcel Numbers
Land Assessment
$174,723
Improvements Assessment
$231,409
Total Assessment
$406,132
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Cookies | 105 Monroe Rd
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