309 Woodland BLVD Active Save Request In-Person Tour Request Virtual Tour
Deland,FL 32720
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $511
MLS Listing ID 1213566
Year Built 1955
Annual Tax Amount $5,680
Lot Size 10,454 Sqft
Lot Dimensions 0.24
Property Sub-Type Retail
Source Daytona Beach Area Association of REALTORS®
Property Description
Located steps away from Stetson University in vibrant downtown Deland, FL, this one-of-a-kind offering is the first and only dispensary in the downtown Deland area. The property owner completed an extensive gut renovation in Spring of 2025, including new roof, HVAC, electrical, plumbing, walls, facade, flooring, doors and windows. There are zero maintenance expenses for the buyer to contemplate.
Planet 13 Holdings ($PLNH) is a publicly-traded company and assumes a fresh 10-year triple net lease in summer 2025, with 3.5% annual increases for each year during the term. Extension options are in place through 2045.
The tenant benefits from limited competition in the market, being one of only two medical cannabis dispensaries in the market.
Location
State FL
County Volusia
Direction Located steps away from Stetson University. Add details re: location and neighboring tenants
Exterior
Parking Features Other
Building
Lot Description Other
Others
Senior Community No
Tax ID 7009-01-11-0080