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Surterra Wellness Dispensary
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19510 US-1, Tequesta, FL 33469

Renovated single-tenant facility along U.S. Highway 1 with lease term extending through October 2031.

Property SizeContact for details
Days on Market143

Property Features for 19510 US-1

General Information

Standard status Active
Property subtype Retail
Listing Agency: STNL
Listed By: Mark Thompson · License #BK3217284
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 STNL

Investment Insights

Based on property information with market context.

This fee-simple cannabis retail property contains a 3,200-square-foot Surterra Wellness dispensary on a 0.27-acre parcel. The building underwent a complete renovation in 2021 and is leased to a single tenant under an initial term running through October 2031. The lease provides for 2% annual rental increases, followed by two five-year options with continuing 2% annual increases.

The property fronts U.S. Highway 1 in Tequesta, Florida, and sits 0.2 miles south of an entrance to a Publix-anchored shopping center. Nearby retailers identified for the area include Publix and HomeGoods. The next closest dispensary is reported to be 8.9 miles south of the property.

Key Highlights

  • 3,200 SF single‑tenant cannabis dispensary
  • 0.27‑acre fee‑simple parcel along U.S. Highway 1
  • Building completely renovated in 2021

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Parking Lot & Garage Bakery Garden Center Auto Parts Store Storage Facility Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

Demographics for 33469, FL

15,101
Population
8,284
Households
1.8
Avg Household Size
55
Median Age
50%
College-Educated
97%
High-School Grad
10.8 sq mi
ZIP Area
1,398
Density / Sq Mi
$103,489
Median Household Income
$58,016
Median Earnings
$1,786
Median Rent
$552,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Cannabis property - Renovated single-tenant facility along U.S. Highway 1 with lease term extending through October 2031.
Where is this cannabis property located?
The property is located at 19510 US-1 Tequesta, FL.
What are key features of this property?
This property features: 3,200 SF single‑tenant cannabis dispensary; 0.27‑acre fee‑simple parcel along U.S. Highway 1; Building completely renovated in 2021
(513) 438-5150 Call to check price and availability
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