8215 Dix Ellis Trl Jacksonville, FL 32256

This exceptional investment opportunity presents a fee-simple, single-tenant Cookies Cannabis dispensary in Jacksonville, FL. The 3,923 square foot property, built in 1980 and renovated in 2024, sits on a 0.92-acre lot at 8215 Dix Ellis Trail, 32256. Boasting a 10-year lease (commencing April 1, 2024, and expiring March 31, 2034) with two 5-year options, the property offers a strong 7.70% cap rate and a current NOI of $258,750. The lease includes 10% rent increases every five years. This prime location enjoys high visibility, adjacent to Interstate 95 (118,000+ vehicles daily) and Baymeadows Road (64,500+ vehicles daily), near major retailers like Publix, Lowe's, and BJ's Wholesale. The area also benefits from the proximity of Florida State College at Jacksonville (35,000 students) and approximately 8,000 housing units within a 3-mile radius. The asking price is $3,360,000. This is a rare opportunity to acquire a high-performing, established cannabis dispensary with significant long-term growth potential. The property is 100% occupied and offers a secure, passive income stream.