Description

Current Real Estate Advisors is proud to exclusively offer the acquisition of Curaleaf, a ±2,200 SF standalone, single-tenant property on a 12,557 SF (0.29 acre) lot in Miami, FL. The building is leased to Curaleaf Holdings, Inc., a top-tier, vertically integrated cannabis company, under a NN lease with limited landlord duties. The lease has approximately 3 years remaining, featuring 3% yearly rent escalations and one 5-year renewal option.Renovated extensively in 2017 for Curaleaf’s operations, the property has supported the company’s expanding presence in Florida. Curaleaf generated over $1 billion in revenue through Q3 2024 and is on track to surpass its $1.35 billion revenue from 2023.