1300 Apalachee Pky - Drug Store FOR SALE


Tallahassee, FL 32301- Governors Square
$5,667,016 USD
619-297-0055
1300 Apalachee Pky, Tallahassee, FL for Sale
$5,667,016 USD
Drug Store - FOR SALE
1/3
null | 6% Cap Rate

1300 Apalachee Pky
Tallahassee, FL 32301
Governors Square


HIGHLIGHTS

  • CVS reports sales above $18 million at this location with the landlord receiving additional percentage rent.
  • Located on the corner of Magnolia Drive & Apalachee Parkway with combined traffic counts of 59,500 VPD.
  • CVS's hours at this location are from 7 AM until Midnight, 7 days a week.
  • 172,745 residents within a 5-mile radius.
  • 1.5 miles south of Tallahassee Memorial Healthcare Hospital (772 Beds).

OVERVIEW

Listed in conjunction with Brian Brockman, Bang Realty - Naples, Inc, 513-898-1551, wg@bangrealty.com, FL DRE Lic. BK3327646.

FOR SALE DETAILS

PRICE

$5,667,016 USD

PRICE/SF

$379 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FL CVS | $18M+ Sales | Percentage Rent

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

AC

APN/PARCEL ID

11-31-20-406-000.0

ASK ABOUT THIS PROPERTY

Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

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Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.