Green Dragon
895 N Summit St, Crescent City, FL 32112- Price$1,110,000
- BuildingBldg. SF2,066 sqft
- Cap Rate7.10%
- Lot Size0.68 Acres
- NOI$77,900
- Lease TypeNNN
- Remaining Term15 Years
- Year BuiltRenovated 2022
- 3 Mile HHI$51,827
- 3 Mile Pop2,911
Deal Highlights
- Property is located in a Rural Area of Opportunity with the next closest dispensary located over 24 miles away ensuring this is the closest Cannabis dispensary to many of Putnam County’s 74,000+ residents and only the first and only dispensary in Crescent City.
- One of the southeast’s leading grocers Winn Dixie is located 0.4 miles north of the subject property and which means thousands of shoppers will weekly be in the immediate area of Green Dragon
- National retailers such as Family Dollar, Dollar General & Save-A-Lot maintain locations within 1-mile of the property. Additionally, AutoZone & O’Reilly Auto Parts have built corporately owned stores in the corridor in the last five years demonstrating commitment to this corridor by established national retailers.
