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New Cannabis Dispensary NNN
For Sale
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835 Belvedere Road, West Palm Beach, FL 33405

Brand-new 2026 dispensary on a signalized hard corner with a long-term absolute NNN lease and 2.33% annual rent increases.

Property Size2,814 SF
Price / SF$1,905
Days on Market122

Property Features for 835 Belvedere Road

General Information

Standard status Active
Size 2,814 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $388,695

Additional Details

Business Included Yes

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Northmarq - Chicago
Listed By: Christian Tremblay · License #475165868
Source: Crexi
Added: May 7 Changed: Sep 4 Last Checked: Aug 31 at 4:19AM

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 Northmarq - Chicago

Investment Insights

Based on property information with market context.

Northmarq is pleased to offer a brand-new 2026 Sanctuary Dispensary for sale. The property is secured by a long-term absolute NNN lease with zero landlord responsibilities, 2.33% annual rent increases, and exit fee protection. The offering is intended to provide investors a passive income stream with built-in growth tied to the lease structure.

The dispensary is positioned at a signalized hard corner along Belvedere Road in West Palm Beach, Florida, with excellent visibility and multiple points of access. The asset is also described as being near Palm Beach International Airport, supporting strong convenience for customers and deliveries.

Key Highlights

  • Brand‑new 2026 Sanctuary Dispensary
  • Located on a signalized hard corner on Belvedere Road
  • Long‑term absolute NNN lease with zero landlord responsibilities

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Mobile Phone Store Auto Parts Store Restaurant

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,496
Businesses Nearby

Demographics for 33405, FL

19,369
Population
9,557
Households
2
Avg Household Size
41
Median Age
34%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,304
Density / Sq Mi
$82,945
Median Household Income
$46,450
Median Earnings
$1,432
Median Rent
$401,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - Brand-new 2026 dispensary on a signalized hard corner with a long-term absolute NNN lease and 2.33% annual rent increases.
Where is this cannabis property located?
The property is located at 835 Belvedere Road West Palm Beach, FL.
What is the asking price?
The asking price for this property is $5,361,300.
What are key features of this property?
This property features: Brand‑new 2026 Sanctuary Dispensary; Located on a signalized hard corner on Belvedere Road; Long‑term absolute NNN lease with zero landlord responsibilities
(312) 858-6725 Call to check price and availability
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