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309 N Woodland BLVD Deland, FL 32720

4,300 SqFt

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,300 sqft

Price per Sqft $465

MLS Listing ID 1213566

Year Built 1955

Annual Tax Amount $5,680

Acres 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

Area 92 - Deland

Direction Located steps away from Stetson University. Add details re: location and neighboring tenants

Region DeLand

City Region DeLand

Exterior

Parking Features Other

View Y/N No

Building

Lot Description Other

Others

Tax ID 7009-01-11-0080

Ownership Deland 309 Llc

Listed by Carl Lentz • SVN Alliance Commercial Real Estate Advisors

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