Log In/Sign Up
Your email has been sent.
Mint Cannabis 456 W Base St 2,450 SF Retail Building Madison, FL 32340 $1,079,096 ($440.45/SF) 8.85% Cap Rate
Investment Highlights
- Absolute NNN Lease: True triple-net lease structure with zero landlord responsibilities; tenant is fully responsible for real estate taxes, insurance,
- Experienced Multi-State Operator: Leased to Mint Cannabis, a well-established operator with a portfolio exceeding 30+ dispensaries across six states.
- Downtown Proximity: Positioned at the western gateway to downtown Madison, the property is surrounded by national retailers and service providers incl
- Annual Rent Increases: Fixed 2.5% annual rent escalations offer a reliable inflation hedge and support steady income growth over the lease term.
- Limited Competition: The subject property is one of only two dispensaries in Madison, FL. The limited local supply provides a significant competitive
- Excellent Access: Features multiple ingress and egress points, including right-in/right-out and left-in access, enhancing visibility and customer conv
Executive Summary
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,450 SF
Building Class
C
Year Built
1966
Price
$1,079,096
Price Per SF
$440.45
Cap Rate
8.85%
NOI
$95,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.30 AC
Zoning
INC
Parking
7 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
100’ on Base St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Allied Therapy Services LLC
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Allied Therapy Services LLC | Health Care and Social Assistance | - | - | - |
Property Taxes
| Parcel Number | 00-00-00-3880-000-000 | Improvements Assessment | $58,095 |
| Land Assessment | $106,371 | Total Assessment | $164,466 |
Property Taxes
Parcel Number
00-00-00-3880-000-000
Land Assessment
$106,371
Improvements Assessment
$58,095
Total Assessment
$164,466
Contacts
-
Alexander Machado -
Jake Lurie -
Daniel Gonzalez -
Harrison Groom -
Matthews Real Estate Investment Services
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Mint Cannabis | 456 W Base St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.