$2,996,766 USD
248-702-0288
3475 Apalachee Pky
Tallahassee, FL 32311
Southeast Tallahassee
HIGHLIGHTS
- Double Net (NN) Lease | Minimal Landlord Obligations - Limited to Roof and Structure
- Recent Lease Renewal - 15 Year Extension Showcasing Long Term Commitment To The Subject Property
- Strong Dedication to Location | Occupying Since 2001
- Four (4), Five Year Options | 5% Increases in Each Option Period
- Heavily Trafficked Road | Main Retail Corridor with Direct Access to Downtown Tallahassee
- Next 5% Rental Increase - August 2031
FOR SALE DETAILS
PRICE
$2,996,766 USD
PRICE/SF
$449 USD /SF
CAP RATE
5.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Tire Kingdom
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
27
LAND DETAILS
LAND ACRES
0.86 AC
LAND SF
37,462 SF
ZONING
CP
APN/PARCEL ID
31-03-20-060-000.0
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248-702-0288
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248-702-0288
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