4708 NW Capital Cir NW - Flex FOR SALE


Tallahassee, FL 32303- Northwest Tallahassee
$11,000,000 USD
631-903-7137
4708 NW Capital Cir NW, Tallahassee, FL for Sale
$11,000,000 USD
Flex - FOR SALE
1/33
null | 7.5% Cap Rate

4708 NW Capital Cir NW
Tallahassee, FL 32303
Northwest Tallahassee


HIGHLIGHTS

  • 13.45 Acre Master-leased campus with Office and Industrial properties positioned on site.
  • Premier Fine Homes Shall Master-Guarantee the Subject Property Across the Initial 15-Year Lease Lifespan.
  • Multi-Tenant Property carries a strong diversity of tenants and occupants, all managed and controlled by Premier Fine Homes Team.

OVERVIEW

CBRE is pleased to present the master-leased sale-leaseback of the Industrial Corporate Headquarters Facility with an Outside Storage yard on behalf of Premier Fine Homes executive team. Serving the Florida panhandle for over 30-years with quality service and craftsmanship, Premier Fine Homes is committed to delivering high-performance homes that represent a long-term investment for homeowners. Dedication to excellence has earned Premier Fine Homes significant recognition, including 5 coveted awards at the 2024 Parade of Homes, showcasing their unique craftsmanship and attention to detail across homes in Canopy, Fletch Oaks, Fallschase and Landon Hills neighborhoods. Situated on 13.45 acres, the Premier Fine Homes Campus serves as a manufacturing, storage and office facility for the home-building organization along with it’s sub-contracting units. The proposed base rent year one shall be $825,000. The lease shall feature eight-percent (8%) escalations each five-year period throughout the lifespan of the lease.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$355 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Premier Fine Homes Campus

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

10

LAND SF

435,600

ZONING

I

APN/PARCEL ID

21-06-51-000-006.0

ASK ABOUT THIS PROPERTY

631-903-7137

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631-903-7137

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