Single-Tenant Cannabis
For Sale
Contact for pricing
1704 S Pine Ave, Ocala, FL 34471
Renovated dispensary with a new roof and triple-net lease structure.
Property SizeContact for details
Days on Market143
Property Features for 1704 S Pine Ave
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 10:54AM
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.
This 3,481-square-foot cannabis dispensary occupies 0.96 acres at 1704 S Pine Ave in Ocala, Florida. The building was renovated to the tenant’s specifications and includes a new roof backed by a 15-year warranty. The property is leased on a triple-net basis to a single tenant, with the initial term extending through March 2032 and more than eight years remaining.
The site sits just off the hard corner of South Pine Avenue and SW 17th Street. Nearby economic and retail drivers include AdventHealth Ocala, HCA Florida, Publix, Walmart, and Aldi. Lease economics include 3% annual rental increases through the option periods and a 7.77% blended cap rate.
The site sits just off the hard corner of South Pine Avenue and SW 17th Street. Nearby economic and retail drivers include AdventHealth Ocala, HCA Florida, Publix, Walmart, and Aldi. Lease economics include 3% annual rental increases through the option periods and a 7.77% blended cap rate.
Key Highlights
- 3,481 SF cannabis dispensary on 0.96 acres
- Single‑tenant triple‑net lease extending through March 2032
- Renovated to the tenant’s specifications
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,498
Businesses Nearby
Explore this area
Business Placement
Demographics for 34471, FL
27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
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 - Renovated dispensary with a new roof and triple-net lease structure.
Where is this cannabis property located?
The property is located at 1704 S Pine Ave Ocala, FL.
What are key features of this property?
This property features: 3,481 SF cannabis dispensary on 0.96 acres; Single‑tenant triple‑net lease extending through March 2032; Renovated to the tenant’s specifications
