Single-Tenant Cannabis
For Sale
Contact for pricing
640 Lee Rd, Orlando, FL 32810
Fee-simple ownership with a triple-net lease extending through January 2033.
Property SizeContact for details
Days on Market143
Property Features for 640 Lee Rd
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 29 at 1:53PM
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 dispensary is occupied by a single tenant in a 5,600 SF building. The property operates under a triple-net lease with an initial term running through January 2033, two 5-year renewal options, and 2% annual rent increases. The lease produces a 7.66% blended CAP rate through the remaining initial term.
Positioned at a signalized intersection shared with Home Depot and RaceTrac, the property is 0.1 mi from Interstate 4. The corridor records 178,000+ vehicles per day near Lee Rd. Within 3 miles, the surrounding area includes over 86,000 residents with average household income exceeding $106,000. A leading Orlando hospital and the Central Business District are also minutes from the property.
Positioned at a signalized intersection shared with Home Depot and RaceTrac, the property is 0.1 mi from Interstate 4. The corridor records 178,000+ vehicles per day near Lee Rd. Within 3 miles, the surrounding area includes over 86,000 residents with average household income exceeding $106,000. A leading Orlando hospital and the Central Business District are also minutes from the property.
Key Highlights
- 5,600 SF single‑tenant cannabis dispensary
- Fee‑simple ownership with a triple‑net lease
- Initial lease term runs through January 2033
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
219k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Dining 30%
Home Improvements & Furnishings 19%
Groceries 16%
The Home Depot
Home Improvements & Furnishings
40,719 visits/mo
0.2 miles
Walmart Neighborhood Market
Groceries
35,555 visits/mo
0.3 miles
RaceTrac
Shops & Services
32,127 visits/mo
0.2 miles
McDonald's
Dining
27,694 visits/mo
0.3 miles
Starbucks
Dining
16,602 visits/mo
0.4 miles
Demographics for 32810, FL
35,925
Population
14,849
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
9.2 sq mi
ZIP Area
3,905
Density / Sq Mi
$58,462
Median Household Income
$37,983
Median Earnings
$1,545
Median Rent
$260,000
Median Home Value
Market
Vacancy Rate% for Retail in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Fee-simple ownership with a triple-net lease extending through January 2033.
Where is this cannabis property located?
The property is located at 640 Lee Rd Orlando, FL.
What are key features of this property?
This property features: 5,600 SF single‑tenant cannabis dispensary; Fee‑simple ownership with a triple‑net lease; Initial lease term runs through January 2033
