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105 Monroe Road, Sanford, FL 32771

$2,350,000
Property Type: Commercial Sale Square Footage: 1,800 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $2,350,000 List Date: 3/20/2026 Last Modified: 3/20/2026

Overview

Description

- Single-tenant net lease to Cookies, one of the largest and most popular national cannabis operators - 2025 gut renovation - 10 year initial term began in November 2025 - Blended Cap Rate of 8.4% through the initial term - 2.5% annual rent increases - renewal options through 2045 - Signalized hard corner with 48,900 AADT - limited area competition - 5 mile population 126,257 - Strong area household incomes

Listing Details MLS# 1224341

General Property Information

Building Area Total
1800
Year Built
1954
Lot Size Acres
0.14
Waterfront YN
No
Directions
- Fast-growing area in Orlando MSA - Located on signalized Corner of N Monroe and SR-46. - AADT 48,900 - Adjacent to many national retailers
Public Remarks
- Single-tenant net lease to Cookies, one of the largest and most popular national cannabis operators - 2025 gut renovation - 10 year initial term began in November 2025 - Blended Cap Rate of 8.4% through the initial term - 2.5% annual rent increases - renewal options through 2045 - Signalized hard corner with 48,900 AADT - limited area competition - 5 mile population 126,257 - Strong area household incomes

Property Features

Lot Features: Other Parking Features: Other Sale Includes: Building & Land

Contract Information

Listing Contract Date
2026-03-20
Property Sub Type
Retail

Location Tax and Legal

Street Number
105
Street Name
Monroe
Street Suffix
Road
County
Seminole
State
FL
Postal Code
32771
MLS Area Major
99 - Other

Status Change Information

Major Change Timestamp
2026-03-20T17:13:36Z
Major Change Type
New Listing

Location, Tax, and Legal

Country
US
Parcel Number
28-19-30-503-0000-0090
Tax Annual Amount
4567.33
Tax Year
2025
Tax Legal Description
LOT 9 (LESS RD) A J PETERSON SUBD PB 10 PG 60
Zoning Description
Commercial

More Information

Currently Not Used

Year Built
1954

Lot Features

Other
Yes

Parking Features

Other
Yes

Sale Includes

Building & Land
Yes
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: March - 20 - 2026
Information deemed reliable but not guaranteed.

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