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4740 SR-46
Sanford, FL 32771
Trulieve | 7.0% CAP | Trophy Location · Retail Property For Sale

Investment Highlights

  • Trulieve is Florida's dominant medical marijuana treatment center with 162 locations and nearly $900M in revenue
  • 2.0% annual rent increases provide inflation hedge and fee simple ownership allows for depreciation which boosts after tax returns
  • Florida's medical cannabis industry has grown to over $2.5 billion in annual sales making it the nation's larget medical market and number 3 overall
  • High-profile location with clear visibility to 130,000 cars per day along Interstate-4 and shared traffic light with Starbucks, McDonalds and Wawa
  • Corporate NNN Lease provides passive ownership and stable cash flow for absentee owner
  • Zoning and distance requirements make it difficult to find dispensary locations and Trulieve dispensaries average $5.6M in sales

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
3,600 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.53 AC
Zoning
C2 - Commercial
Parking
41 Spaces (11.39 Spaces per 1,000 SF Leased)
Frontage
134’ on Florida 46

Amenities

  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
29-19-30-518-0000-0030
Land Assessment
$717,822
Improvements Assessment
$720,130
Total Assessment
$1,437,952
  • Listing ID: 34922868

  • Date on Market: 2/24/2025

  • Last Updated:

  • Address: 4740 SR-46, Sanford, FL 32771

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