309 N Woodland Boulevard, Deland, FL 32720

$1,999,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of SVN Alliance Commercial Real Estate Advisors

List Price
$1,999,900
Status
ACTIVE
Days on Market
482
MLS#
1213566
Subtype
Commercial Sale
Year Built
1955
Lot Size
10,454
Acres
0.24
Neighborhood
92 - Deland
MLS Area Major
92 - Deland

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.

Additional Information

Parking Features
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

© 2026 Daytona Beach Area Association of REALTORS®

Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.