1730 Calumet St Clearwater, FL 33765

Listing Agency Marcus & Millichap - Jacksonville

Listed by Simon V. Grigoryan, CCIM, MBA · License #FL SL3322898

Source Crexi

Added: Apr 12 Updated: Jul 20 at 4:56 pm Checked: Jul 20 at 4:56 pm

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Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to offer a Trulieve medical cannabis retail showroom, training facility, and cultivation site totaling 22,444 square feet in Clearwater, Florida. The property is leased under a five-year triple net structure originally signed in January 2018, with three-percent annual rent increases throughout the lease term. The lease is corporately guaranteed, and the operator is publicly traded on multiple platforms. There are also two five-year options to extend.

The offering is structured to keep landlord responsibilities minimal under the triple net terms, while providing scheduled increases in rent and the ability to renew for additional five-year periods.

This is a specialized cannabis-related property configured to support both training/showroom functions and cultivation operations, with the existing long-term lease framework already in place.

Key Highlights

• 22,444 SF Trulieve medical cannabis retail showroom, training facility, and cultivation site in Clearwater, FL
• Five‑year triple net lease signed January 2018 with 3% annual increases through the lease term
• Corporately guaranteed lease; tenant is operator of 66 locations nationwide

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FAQs

What type of property is this?

Cannabis property - Trulieve medical cannabis showroom, training facility, and cultivation site offered under a triple net lease with annual rent increases.

Where is this cannabis property located?

The property is located at 1730 Calumet St Clearwater, FL.

What are key features of this property?

This property features: 22,444 SF Trulieve medical cannabis retail showroom, training facility, and cultivation site in Clearwater, FL; Five‑year triple net lease signed January 2018 with 3% annual increases through the lease term; Corporately guaranteed lease; tenant is operator of 66 locations nationwide