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413 US Hwy 27
Lake Placid, FL 33852
Abs. NNN, New 10-year lease · Retail Property For Sale
Investment Highlights
- Total renovation underway; Tenant signed a new 10-year abs. NNN lease
- Located on US Hwy 27, the primary thoroughfare in Lake Placid (18,700 AADT)
- Trulieve is #1 cannabis operator in Florida
- 3% annual increases and 2-5-Year options to renew
- Located across from a 94,000 SF Publix-anchored center
- 3-mile demos: 10,755 residents with $66,697 average HH income
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,758 SF
Building Class
B
Year Built/Renovated
1978/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.42 AC
Zoning
C1 - Neighborhood Commercial
Frontage
124’ on Eastside Drive
Amenities
- Freeway Visibility
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $565,957 | |
| Land Assessment | $226,650 | Total Assessment | $792,607 |
Property Taxes
Parcel Numbers
Land Assessment
$226,650
Improvements Assessment
$565,957
Total Assessment
$792,607
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