2870 Apalachee Pky - Fast Food FOR SALE


Tallahassee, FL 32301
$1,726,961 USD
850-326-1463
2870 Apalachee Pky, Tallahassee, FL for Sale
$1,726,961 USD
Fast Food - FOR SALE
1/7
null | 5.75% Cap Rate

2870 Apalachee Pky
Tallahassee, FL 32301


HIGHLIGHTS

  • Recently renovated in 2023, offering modern amenities
  • Zoned CP for flexible commercial use
  • High visibility in a bustling commercial area
  • Multi Unit Operator
  • Established location in the heart of Tallahassee
  • Ideal for retail or street retail investor

OVERVIEW

Premier Commercial Group is proud to present 2870 Apalachee Parkway for sale in Tallahassee, Florida! This 2,616 sf drive thru property is currently being leased out by Guthries with a 10.5 year NNN lease remaining, providing a stable income stream. Situated in the Tallahassee area, this property holds significant potential for long-term retail investment success. 10.5 years remaining on lease - 5.5 years remaining on original 7 year NNN lease, with tenant exercising an early 5 year renewal *Does not include back half of land*

FOR SALE DETAILS

PRICE

$1,726,961 USD

PRICE/SF

$660 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Guthries

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

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

Fletcher DilmorePremier Commercial GroupMore Info
850-326-1463

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Fletcher DilmorePremier Commercial GroupMore Info
850-326-1463

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