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1494 Capital Circle NW, Tallahassee, FL

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1494 Capital Circle NW

Tallahassee, FL 32303-1169 - Northwest Leon County Submarket

Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:2006
Building Size:3,066 SF Land Area:.8 AC (34,848 SF)
For Sale Price:$2,950,000 Price/SF:$962.17
Cap Rate:5.10 %
Parking:Free Surface spaces are available; Free Covered spaces; Ratio of 2.08/1,000 SF
Features:Dedicated Turn Lane, Pylon Sign, Signalized Intersection, Drive Thru

Sale Notes:
Lease Term 17.5+ years remaining
Rent Escalations: 6% every 5 years
NOI: $150,426
NOI 8/1/2018: $159,451
Lease Expiration: July 31, 2033

Property Type: Single tenant, hard corner location
Type of Ownership: Fee Simple
Lot Size: 0.80 Acres
Building Size 3,066 SF
Year Built: 2006
Construction: Masonry

AGM, Inc.
Niko Micin
(425) 576-8700

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