Monday, May 27, 2019

NAI Realvest | Charles Wayne Commercial Negotiates Long Term Lease for Largest Medical Marijuana Dispensary in Florida

Brad Gifford
DAYTONA BEACH, FL --- NAI Realvest | Charles Wayne Commercial recently closed on a long-term lease with multiple options to extend the lease at 812 W. International Speedway Blvd. in Daytona Beach .

Trulieve, Inc. (TCNNF) a publicly traded company leased the property for a medical marijuana dispensary. 

The firm is a market leader in the industry with 29 retail dispensaries now in Florida with this 6,060 square foot Daytona Beach facility which is the largest in the state.       

The new Trulieve dispensary will initially bring 30 jobs to the area. 

Brad Gifford, Associate at NAI Realvest | Charles Wayne Commercial, negotiated the lease on behalf of the landlord Boca Raton-based Frank Dayt Realty, LLC.  Arnie Sevell of Sevell Realty Partners represented the tenant.  

Arnold 'Arnie' Sevell
“Since the dispensary business is in full throttle mode and Trulieve has been allocated an additional 30 site locations, there will be more dispensaries opening in the near future,” Gifford said, adding “Cannabis is a $10 Billion industry and is expected to grow to over $100 Billion in the next 10 years.”   

About Charles Wayne Properties

Charles Wayne Properties is an industry leader with a 40-year track record as an investor and developer throughout the Southeast having developed and managed grocery anchored shopping centers, freestanding retail facilities, and office and industrial parks. 

Since 1978 the firm has worked with local and national brands in various capacities including brokerage, development, investment sales, tenant representation, property management and receivership.

Please visit for more information.

About NAI Realvest  

NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide.

NAI Global is an international commercial real estate network with over 400 offices spanning the globe.

Trulieve, Inc. (TCNNF) marijuana retail dispensary, 812 West International Speedway Boulevard,
 Daytona Beach, FL
 Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services.

To learn more, please visit


Brad Gifford, NAI Realvest | Charles Wayne Commercial
Patrick Mahoney, NAI Realvest | Charles Wayne Commercial

Beth Payan, Larry Vershel Communications Inc. 407-644-4142
or 407-461-3781