Absolute NNN Lease – Zero landlord responsibilities, making this an ideal passive investment opportunity.
Annual Rent Increases – Fixed 2.00% annual rental escalations provide a reliable hedge against inflation and support consistent income growth throughout the lease term and options.
Large Parcel Size – Positioned on a ±1.02-acre site, the property offers strong residual land value and potential for future redevelopment.
Long-Term Lease – Over 8.5 years remaining on the base term of the lease, with two additional five-year renewal options that include 2.00% annual rental increases.
Hard Corner Location – Strategically located at a signalized intersection along State Road 70, a major east–west thoroughfare linking Bradenton and Fort Pierce, with traffic counts exceeding ±72,400 (combined) vehicles per day.
Significant Capital Improvements – Over $600,000 invested in site buildout and renovations, enhancing operational efficiency and long-term asset value.
National Brand Tenant – Cookies – Leased to Cookies, a globally recognized cannabis brand with 70+ retail locations across the U.S., Canada, and Europe, known for premium proprietary strains and strategic market expansion.
Strong Retail Synergy – Located within a dense retail corridor with national tenants including Walmart, Publix, Wawa, Aldi, First Watch, Firestone, Fifth Third Bank, Burger King, CVS, Subway, Ace Hardware, TD Bank, Take 5 Oil, and Wendy’s.
Growing Market – Manatee County experienced 14.7% population growth between April 2020 and July 2024, adding nearly 60,000 new residents—fueling retail demand and supporting long-term occupancy stability.