Green Dragon Cannabis
For Sale
Contact for pricing
1403 Akron Dr, Leesburg, FL 34748
Single-tenant retail asset leased to a cannabis dispensary under a long-term NNN structure.
Property SizeContact for details
Days on Market143
Property Features for 1403 Akron Dr
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
STNL
(513) 438-5150
Listed By:
Mark Thompson · License #BK3217284
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 9:12AM
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 STNL
Investment Insights
Based on property information with market context.
Located at 1403 Akron Dr in Leesburg, Florida, this 4,941-square-foot fee-simple asset operates as a Green Dragon cannabis dispensary. The building is leased to one tenant on a triple-net basis, providing a defined retail use and ownership structure.
The property is positioned along US-441, which carries more than 40,500 vehicles per day. National retailers identified along the corridor include Walmart, Aldi, and Publix. The Villages is approximately a 10-minute drive west, while nearly 2,800 apartment and manufactured-housing units are located within 3 miles.
The initial lease term runs through March 2038 and includes four 5-year extension options. Contractual rent increases are set at 10% every 5 years.
The property is positioned along US-441, which carries more than 40,500 vehicles per day. National retailers identified along the corridor include Walmart, Aldi, and Publix. The Villages is approximately a 10-minute drive west, while nearly 2,800 apartment and manufactured-housing units are located within 3 miles.
The initial lease term runs through March 2038 and includes four 5-year extension options. Contractual rent increases are set at 10% every 5 years.
Key Highlights
- 4,941 SF single‑tenant cannabis dispensary
- 100% fee‑simple ownership with a triple‑net lease structure
- Initial lease term runs through March 2038
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
203k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Home Improvements & Furnishings 28%
Dining 27%
Apparel 6%
Rural King
Home Improvements & Furnishings
44,558 visits/mo
0.3 miles
Wawa
Shops & Services
41,265 visits/mo
0.2 miles
McDonald's
Dining
29,471 visits/mo
0.5 miles
SONIC Drive In
Dining
16,280 visits/mo
0.4 miles
Tractor Supply Co.
Home Improvements & Furnishings
12,020 visits/mo
0.3 miles
Demographics for 34748, FL
45,481
Population
25,740
Households
1.8
Avg Household Size
60
Median Age
24%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$53,768
Median Household Income
$30,762
Median Earnings
$1,181
Median Rent
$226,200
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 - Single-tenant retail asset leased to a cannabis dispensary under a long-term NNN structure.
Where is this cannabis property located?
The property is located at 1403 Akron Dr Leesburg, FL.
What are key features of this property?
This property features: 4,941 SF single‑tenant cannabis dispensary; 100% fee‑simple ownership with a triple‑net lease structure; Initial lease term runs through March 2038
