Green Dragon Cannabis / Marijuana Doctor — Sale in Daytona Beach, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Daytona Beach, FL 32117
Photos
Investment Figures
- Cap rate
- 8.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Stable Dual-Tenant Investment 100% occupied two-tenant retail center Anchored by Green Dragon Cannabis (Lease exp. November 2033) Co-tenancy with Sanford Medical Alliance (Lease exp. Dec 2028) Guaranteed leases by Vireo Growth Inc. 170+ locations and Sanford Medical Alliance LLC $161,490 current annual NOI Prime Daytona Beach Location Positioned along the Ridgewood Avenue retail corridor in Daytona Beach, FL Location is 5 miles from Daytona International Speedway, home of the most prestigious race in NASCAR Five-mile trade area projected to reach 123,693 residents by 2030 Over 123,000 people within a 5 mile radius with incomes exceeding $77,000 Investment Highlights: • 100% Occupied 2- Tenant Property • Lease Guaranteed by Vireo Growth Inc with 170+ Locations making it the #2 ranking of stores nationally • Located 5 miles from Daytona International Speedway home of the most prestigious race in NASCAR
Market Context
This retail in Daytona Beach, FL is listed for sale. It is offered at an approximate 8.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Daytona Beach, FL — view the full market.
Estimated Price per SF
$60.42/SF – $439.39/SF
Mid: $183.08/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Alan Lipsky · (954) 245-3595 · alan.lipsky@marcusmillichap.com
- Barry Wolfe · (954) 245-3493 · barry.wolfe@marcusmillichap.com
- Tom Jusko · (954) 245-3412 · tommy.jusko@marcusmillichap.com
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