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2420 Washington Avenue
Houston, TX 77007
Asking Price
$2.56M
Cap Rate
7%
Asset Type
Pharmacy/Drug Retail
Class
Class B
What's Special
Brand New NNN Trulieve in the Heart of Houston's Washington Corridor <p><strong>• Strong Publicly Traded Operator: </strong>Trulieve (NYSE: TRLV) is one of the largest vertically integrated cannabis operators in the United States, operating more than 240 dispensaries nationwide and over 3.5 million square feet of cultivation and production capacity across multiple states. For fiscal year 2025, Trulieve reported approximately $1.2 billion in revenue and a gross margin of 60%.</p><p><strong>• Limited Competition in a High-Growth Market: </strong>Texas recently expa
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NOI
$80,000
Cap Rate
3.13%
DSCR
0.53
Underwater
Cash-on-Cash
-9.36%
Monthly Payment
$12,650.641
Annual Cash Flow
$-71,807.69
