Property profile

3295 Us-441 Fruitland Park, FL 34731

OFF-MARKET
Retail properties & Spaces
6,722 SF 0.71 ac lot Built 1986
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple, single-tenant retail property located at 3295 US-441, Fruitland Park, FL 34731. The 6,722 square foot building, constructed in 1986 and renovated in 2023, sits on a 0.71-acre lot and is currently 100% occupied by a Rise Dispensary (Green Thumb Industries), a leading cannabis operator, under a corporate-guaranteed net lease. The lease commenced March 30, 2023, and has a remaining term of approximately 8.4 years, extending to March 31, 2033, with two 5-year renewal options. The lease includes a favorable 2% annual rent increase. The property boasts a strong net operating income (NOI) of $139,528, resulting in a 7.20% cap rate. Its prime location on a hard-corner, lighted intersection along US-441, with high visibility and traffic volume (39,000+ vehicles per day), benefits from proximity to major national retailers like Walmart and Aldi. The property's strategic position within the Orlando MSA, just eight minutes from The Villages, Florida's largest retirement community (over 145,000 residents), and near substantial residential development (over 2,500 apartment and manufactured housing units within 3 miles), ensures a robust and growing customer base. The asking price is $1,935,000. This is a rare opportunity to acquire a high-performing, stable investment with significant long-term growth potential.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1986
Total area 6,722 SF
Lot 0.71 ac (30,928 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3295 Us-441 Fruitland Park, FL 34731
Fruitland Park metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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