Corporate-Backed Cannabis
For Sale
Contact for pricing
13121 Lillian Hwy, Pensacola, FL 32506
Corporate-guaranteed tenancy features a long-term triple-net lease, four renewal options, and annual rent increases.
Property SizeContact for details
Days on Market143
Property Features for 13121 Lillian Hwy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Fort Lauderdale
(561) 706-9646
Listed By:
Alan Lipsky · License #FL SL3279054
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 4:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
This Pensacola property is operated as a Trulieve cannabis dispensary and is leased under a long-term triple-net structure. The lease includes corporate backing from Trulieve Inc., four five-year renewal options, and 3 percent annual rent increases during both the initial term and option periods.
The site is positioned at 13121 Lillian Hwy, directly off the Perdido Bay Bridge and approximately 1-mile from the Alabama state line. The surrounding trade area includes Winn Dixie, Anytime Fitness, CrossFit, Dollar General, Sherwin Williams, O’Reilly Auto Parts, Regions Bank, GNC, McDonald’s, Wendy’s, Hardee’s, Domino’s Pizza, Burger King, and Waffle House.
The site is positioned at 13121 Lillian Hwy, directly off the Perdido Bay Bridge and approximately 1-mile from the Alabama state line. The surrounding trade area includes Winn Dixie, Anytime Fitness, CrossFit, Dollar General, Sherwin Williams, O’Reilly Auto Parts, Regions Bank, GNC, McDonald’s, Wendy’s, Hardee’s, Domino’s Pizza, Burger King, and Waffle House.
Key Highlights
- Long‑term triple‑net lease with corporate guarantee from Trulieve Inc.
- Four five‑year tenant renewal options
- 3 percent annual rent increases during the base term and option periods
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 32506, FL
36,017
Population
16,625
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
88%
High-School Grad
30.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$59,978
Median Household Income
$36,216
Median Earnings
$1,280
Median Rent
$200,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Corporate-guaranteed tenancy features a long-term triple-net lease, four renewal options, and annual rent increases.
Where is this cannabis property located?
The property is located at 13121 Lillian Hwy Pensacola, FL.
What are key features of this property?
This property features: Long‑term triple‑net lease with corporate guarantee from Trulieve Inc.; Four five‑year tenant renewal options; 3 percent annual rent increases during the base term and option periods
