950 W Tharpe St - Storefront FOR SALE


Tallahassee, FL 32303- Northwest Tallahassee
$1,470,000 USD
850-545-2282
950 W Tharpe St, Tallahassee, FL for Sale
$1,470,000 USD
Storefront - FOR SALE
1/6
null | 7% Cap Rate

950 W Tharpe St
Tallahassee, FL 32303
Northwest Tallahassee


HIGHLIGHTS

  • 280 ft Frontage on W Tharpe St
  • NOI based on 100% Occupancy
  • Near lighted intersection

OVERVIEW

Introducing an exceptional opportunity in Tallahassee, FL: 950 W Tharpe St. This remarkable property features a 5,010 SF building with 4 units, offering a prime investment potential. Built in 2018, the building boasts modern construction and design, appealing to savvy retail/street retail investors. With a 50% occupancy rate, there is significant room for growth and value addition. Don't miss out on the chance to acquire this attractive property in a thriving location, poised for success

FOR SALE DETAILS

PRICE

$1,470,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

Commercial

APN/PARCEL ID

21-23-24-000-100.0

ASK ABOUT THIS PROPERTY

Tracy WatersPremier Commercial GroupMore Info
850-545-2282

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Tracy WatersPremier Commercial GroupMore Info
850-545-2282

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