Liberty Health Cannabis Dispensary

13832 Landstar Blvd, Orlando, FL 32824

Description Marcus & Millichap is pleased to present the opportunity to acquire a Liberty Health Sciences Cannabis Dispensary located in Orlando, FL. This location offers a new, 10-year, triple net (NNN) lease with ten percent rent increases every five years. This is a brand-new location with projected opening within the first quarter of 2023. Ayr Wellness completed the acquisition of Liberty Health Sciences in an all-stock transaction on February 26, 2021 which provides a significant credit enhancement. The subject property is located along a strong retail corridor, and is an outparcel to a Publix anchored center and also sits adjacent to a Wendys and CVS with excellent access and visibility to more than 83,000 vehicles daily on Central Florida Greeneway Highway 417. The population within ten miles is over 594,000. The property is within walking distance from a nearly 234-unit apartment community. Liberty Health Sciences is located just 10 miles from SeaWorld Parks and Resorts with approximately 20.2 million visitors in 2021, 11 miles from Walt Disney World Resort with an average annual attendance of over 58 million visitors, and 14 miles from Universal Studios with an average attendance of 22 million visitors annually. Surrounding retailers include Publix Supermarket, Walmart Neighborhood Market, Starbucks, Dunkin, McDonalds, Wendys, Chipotle, Arbys, Tropical Smoothie, Panda Express, Family Dollar, Anytime Fitness, RaceTrac, 7-Eleven, Mobil, CVS Pharmacy, Walgreens, Mavis Discount Tire, T-Mobile, MD Now, Top Dog Car Wash, U-Haul, Compass Self Storage, Life Storage and many more. Highlights Outparcel to a Publix Anchored Center New, 10-Year, Triple Net (NNN) Lease Ten Percent Rent Increases Every Five Years Throughout Base Term and Option Periods Brand New Location, Projected Opening First Quarter 2023 Property Includes Drive-Thru Lanes Population Over 200,000 within Five Miles, with Households and Population Projected to Increase Over 18 Percent by 2026 Located Just 10 Miles from SeaWorld Parks And Resorts, 11 Miles from Walt Disney World Resort And 14 Miles from Universal Studios Surrounding Retailers Include Publix Supermarket, Walmart Neighborhood Market, Starbucks, Dunkin, McDonald's, Wendy's, Chipotle, Arby's, Tropical Smoothie, Panda Express, Family Dollar, Anytime Fitness, RaceTrac, 7-Eleven, Mobil, CVS Pharmacy, Walgreens, Mavis Discount Tire, T-Mobile, MD Now, Top Dog Car Wash, U-Haul, Compass Self Storage, Life Storage and Many More

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