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Fluent Dispensary

Fluent Dispensary

1015 East Main Street, Annville, PA 17003

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PROPERTY DETAILS

Sale Price

$1,744,949

Cap Rate

8.00%

NOI

$139,595 *8/1/2024 Increase

Building Size

3,650 SF

Property Details

Equity Retail Brokers is excited to present an investment opportunity for qualified investors—a free-standing building in Annville, PA, currently leased to Fluent Dispensary. This state-of-the-art dispensary is guaranteed by Cansortium, Inc, a prominent vertically integrated cannabis company with a robust presence, operating 35+ locations across three states and actively expanding. The property itself boasts a 3,650 square foot structure with a drive-thru, situated on an expansive 0.90-acre corner lot. With over 15,000 vehicles passing by each day, the location enjoys exceptional visibility and full-access in both directions.

The lease terms feature above-market rental increases of 3% annually, and minimal landlord responsibilities, making it an attractive and low-maintenance addition to their portfolios. The strategic positioning of the property is underscored by its proximity to well-known retailers such as Walmart, Lowe’s, Dunkin, Giant, Big Lots, UPMC, Rutters, and more, contributing to a thriving commercial environment that enhances the property’s long-term value.

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