Renovated Medical Cannabis
For Sale
$1,999,900
309 N Woodland Boulevard DeLand, Deland, FL 32720
Gut-renovated in 2025 with new roof, HVAC, electrical, plumbing, and facade, under a fresh 10-year NNN lease.
Property Size4,300 SF
Price / SF$465.09
Days on Market35
Property Features for 309 N Woodland Boulevard DeLand
General Information
Standard status
Active
Size
4,300 SF
Taxes and HOA fees
Annual Taxes
$5,680
Amenities
Other
0.24
false
4300
Building Details
Building Size
4,300 SF
Year Built
1955
Year Renovated
2025
Tenancy
Single
Listing Agency:
SVN Alliance Commercial Real Estate Advisors
(407) 890-1354
Listed By:
Chrissy Hayden · License #3068067
(407) 890-1354
Source:
Therealestatecollection
Added: Jul 20
Changed: Aug 23
Last Checked: Aug 22 at 2:01PM
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 SVN Alliance Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This medical cannabis dispensary property was gut-renovated in spring 2025, with new roof, HVAC, electrical, plumbing, walls, facade, flooring, and doors and windows. The offering is presented as requiring zero maintenance expenses for the buyer to contemplate. The asset is leased to Planet 13 Holdings, a publicly traded company, under a fresh 10-year triple net lease beginning in summer 2025, with 3.5% annual increases throughout the term. Extension options are noted through 2045.
The property is located steps away from Stetson University in downtown DeLand, FL. The public remarks also note limited competition in the downtown area, stating it is the first and only dispensary there, and that there are only two medical cannabis dispensaries in the market.
The tenancy and lease structure are the primary considerations for buyers evaluating this single-tenant, NNN specialty property.
The property is located steps away from Stetson University in downtown DeLand, FL. The public remarks also note limited competition in the downtown area, stating it is the first and only dispensary there, and that there are only two medical cannabis dispensaries in the market.
The tenancy and lease structure are the primary considerations for buyers evaluating this single-tenant, NNN specialty property.
Key Highlights
- Gut‑renovated in spring 2025 with new roof, HVAC, electrical, plumbing, walls, facade, flooring, doors, and windows.
- Fresh 10‑year triple net (NNN) lease begins summer 2025 with 3.5% annual increases each year.
- Lease extension options are in place through 2045.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,774
Businesses Nearby
Explore this area
Business Placement
Demographics for 32720, FL
33,568
Population
13,962
Households
2.4
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
66.3 sq mi
ZIP Area
506
Density / Sq Mi
$67,512
Median Household Income
$39,159
Median Earnings
$1,177
Median Rent
$280,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Gut-renovated in 2025 with new roof, HVAC, electrical, plumbing, and facade, under a fresh 10-year NNN lease.
Where is this cannabis property located?
The property is located at 309 N Woodland Boulevard DeLand Deland, FL.
What is the asking price?
The asking price for this property is $1,999,900.
What are key features of this property?
This property features: Gut‑renovated in spring 2025 with new roof, HVAC, electrical, plumbing, walls, facade, flooring, doors, and windows.; Fresh 10‑year triple net (NNN) lease begins summer 2025 with 3.5% annual increases each year.; Lease extension options are in place through 2045.
