Fluent Dispensary & Industrial Building

Passive Lease Structure: The property features two NNN leases, ensuring minimal landlord responsibilities.
Value-Add Opportunity: The ±11,931-SF industrial building is currently leased at below-market rents ($3.23/SF) under a short-term lease expiring in March 2029, providing investors with the opportunity to re-lease the property at higher rental rates in the near term.
High Visibility: The subject property fronts US-1, a major north–south highway running from Key West to Maine near the Canadian border, offering excellent exposure. The property sees approximately 30,000 vehicles per day.
Great Access: The site benefits from convenient left-in, right-in, and right-out access points.
Large Parcel: Situated on a ±1.06-acre lot, the property offers ample space for future development or expansion, making it a valuable long-term asset.
Strong Corporate Guarantee/Multi-State Operator: This lease features a strong corporate guarantee. Fluent is a multi-state operator with approximately 44 dispensaries and 8 cultivation and manufacturing facilities across four states. Notably, Fluent’s full-year 2024 revenue increased 6.4% compared to full-year 2023.

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