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456 W Base St
Madison, FL 32340
Mint Cannabis · Retail Property For Sale
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
Property Facts
Property Type
Retail
Building Size
2,450 SF
Building Class
C
Year Built
1966
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
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
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