1350 E Park Ave - Fast Food FOR SALE
Tallahassee, FL 32301 |
1350 E Park Ave
Tallahassee, FL 32301
HIGHLIGHTS
- Long-term, NNN corporate Lease with 11 years remaining on the original term.
- Exceptional building and site attributes with a large drive-thru, multiple access points and full ingress/ and egress to adjacent lots.
- Net lease structure, fully passive investment with tenant assuming full financial responsibility for all expenses.
- Corporate Bojangles, fast food, single-tenant restaurant concept with over 800 systemwide locations.
- In the heart of Tallahassee, with an expanding economy reaching $20 billion in 2023.
- Prime retail location, just off high-traffic intersection with a combined AADT of 60,500 vehicles.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
NNN Corporate Bojangles | 6.74% CAP
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
3887
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
38
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
11-31-20-057-000.0
