309 N Woodland Boulevard, DeLand, FL 32720
$1,999,900
Property Type:
Commercial Sale
Square Footage:
4,300
Lot Size (sq. ft.):
10,454
Status:
Active
Current Price:
$1,999,900
List Date:
5/19/2025
Last Modified:
8/07/2025
Description
Located steps away from Stetson University in vibrant downtown Deland, FL, this one-of-a-kind offering is the first and only dispensary in the downtown Deland area. The property owner completed an extensive gut renovation in Spring of 2025, including new roof, HVAC, electrical, plumbing, walls, facade, flooring, doors and windows. There are zero maintenance expenses for the buyer to contemplate.
Planet 13 Holdings ($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.
More Information MLS# 1213566
General Property Information
Lot Size Acres: 0.24
Water Body Access YN: No
Waterfront YN: No
Directions: Located steps away from Stetson University. Add details re: location and neighboring tenants
Public Remarks: 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.
Building Area Total: 4300
List Price/SqFt: 465.09
Year Built: 1955
Location, Tax, and Legal
Country: US
Parcel Number: 7009-01-11-0080
Tax Annual Amount: 5680.52
Tax Year: 2024
Tax Legal Description: S 70 FT OF N 180 FT OF W 150 FT BLK 11 ROGERS DELAND DB 1 PG 201 PER OR 4545 PG 0782 PER OR 6246 PG 4940 PER OR 6264 PGS 0862-0864 PER OR 7063 PG 2207 PER OR 8565 PG 0933 PER OR 8570 PG 2409
Currently Not Used
Year Built: 1955
Lot Features
Other: 1
Parking Features
Other: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,999,900
List Price: $1,999,900
Status: Active
Listing Contract Date: 2025-05-19
Property Sub Type: Retail
Location Tax and Legal
Street Number: 309
Street Direction Prefix: N
Street Name: Woodland
Street Suffix: Boulevard
County: Volusia
State: FL
Postal Code: 32720
MLS Area Major: 92 - Deland
Status Change Information
Major Change Timestamp: 2025-08-07T19:24:50Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-08-07T19:24:50Z
Property Features
Lot Features: Other
Parking Features: Other
Sale Includes: Building & Land
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: August - 07 - 2025
Information deemed reliable but not guaranteed.