309 N Woodland Blvd

309 N Woodland Blvd, Deland, FL 32724

Property Information

  • For Sale $1,850,000
  • Property Type Retail - Freestanding
  • Property Size 3,755 SF
  • Units 1
  • Lot Size 0.35 Acre
  • Property Tenancy Single Tenant
  • Year Built 2025
  • Year Renovated 2025
  • Date Updated May 14, 2026

Description

Discover the charm of Deland, FL, a thriving city with a bustling retail scene ideal for an investor. With its historic downtown, the area offers a perfect blend of quirky boutiques, lively restaurants, and cultural hotspots. Located steps from Stetson University, the building was meticulously renovated in Spring 2025.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.

Highlights

  • 21,000 AADT
  • Fresh 10-year NNN lease with 3.5% annual escalations
  • Gut renovation completed in Spring 2025
  • Limited area competition

Contacts

Mark Ascik

SVN | Alliance Commercial Real Estate Advisors

Location

Located at 309 N Woodland Blvd, Deland, FL 32724, this property is part of the DeLand neighborhood and North Central Florida market.

Contact Listing Broker
Mark Ascik

SVN | Alliance Commercial Real Estate Advisors

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