CBRE is pleased to present the exclusive listing of a freestanding Avis-Budget located at 3108 W Tennessee St, in Tallahassee, Florida. The site consists of 820 rentable square feet of building space and sits on a 0.60-acre parcel of land. The current base rent is $82,000, and the lease calls for 2.50% annual rental escalations during the base term and through the two (2), five-year renewal option periods.
The property is located on a major arterial road within a well-established retail corridor, surrounded by national and regional tenants including Publix, Home Depot, Aldi, Walgreens, Dollar General, and Target, along with several shopping centers and hospitality businesses. Its proximity to Florida State University, Florida A&M University, and Tallahassee State College contributes to steady traffic from nearby residential neighborhoods and student populations, supporting consistent activity in the area.