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A Manatee County building occupied by national cannabis dispensary Curaleaf has been sold.
The property is at 3704 84th Ave. Circle E., about a block west of University Walk, a Publix Super Markets-anchored retail center on University Parkway and Tuttle Avenue.
The building sold for $4.02 million.
The buyer, according to Manatee County property records, is a Long Island, New York, LLC. SRS Real Estate Partners, which announced the deal, says the buyer picked up the building as part of a 1031 Exchange.
Truport Realty, a Parkland LLC, was the seller. It paid $2.9 million in 2023, according to the property records.
The 4,225-square-foot retail building sits on 1.55 acres and was built in 2005. SRS says Curaleaf has eight years remaining on its lease.
The Manatee dispensary is one of 68 the company operates in Florida. Of those, 23 are along the Gulf Coast with the majority, 14, in the Tampa Bay market. It has 154 stores nationally.
SRS’s William Wamble and Patrick Nutt represented the Truport Realty in the sale.
Key Information
- Property Sold: 3704 84th Ave. Circle E., Manatee County
- Sale Price: $4.02 million
- Buyer: Long Island, New York, LLC (via 1031 Exchange)
- Seller: Truport Realty, Parkland LLC
- Previous Purchase Price: $2.9 million (in 2023)
- Building Size: 4,225 sq. ft. on 1.55 acres
- Construction Year: 2005
- Occupant: Curaleaf (8 years remaining on lease)
- Curaleaf Locations: 68 in Florida, 154 nationally
- Representatives: William Wamble and Patrick Nutt, SRS Real Estate Partners
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Article original publish date: 2025-09-23 14:05:00
Article source: businessobserverfl.com
Read the full story at the original source: businessobserverfl.com
