2870 Apalachee Pky - Fast Food FOR SALE


Tallahassee, FL 32301- Governors Square
$1,575,000 USD
850-240-1252
2870 Apalachee Pky, Tallahassee, FL for Sale
$1,575,000 USD
Fast Food - FOR SALE
1/7
null | Request Cap Rate

2870 Apalachee Pky
Tallahassee, FL 32301
Governors Square


OVERVIEW

Stirling Properties is excited to bring to market for sale this freestanding 2,616 SF Guthrie's, available at $1,573,500 (6.5% cap rate), located on Apalachee Pkwy (35,000 CPD) and near Capital Cir SE (41,000 CPD). This is a leased investment offering, ideal for a 1031 exchange buyer or investor seeking stabilized real estate with in-place income. The site offers excellent visibility and access on Apalachee Pkwy. Located along one of Tallahassee's most stable, recession-resistant corridors, the area is anchored by state government, higher education, and healthcare, with Florida State and Florida A&M combining for over 65,000 students just a mile away. Nearby national retailers and restaurants include Target, Starbucks, ALDI, Culver's, Jimmy John's, Whataburger, McDonald's, Zaxby's, Popeyes, Dunkin', KFC, Wendy's, and a newly developed Raising Cane's.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$645 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

CP

APN/PARCEL ID

31-04-20-013-000.0

ASK ABOUT THIS PROPERTY

Shawn MaxeyStirling PropertiesMore Info
850-240-1252

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Shawn MaxeyStirling PropertiesMore Info
850-240-1252

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