3117 Mahan Dr - Fast Food FOR SALE


Tallahassee, FL 32308- Buck Lake
$1,340,000 USD
818-303-9903
3117 Mahan Dr, Tallahassee, FL for Sale
$1,340,000 USD
Fast Food - FOR SALE
1/5
null | 6.16% Cap Rate

3117 Mahan Dr
Tallahassee, FL 32308
Buck Lake


HIGHLIGHTS

  • Absolute NNN lease with no landlord responsibilities!
  • Over 10.5 years left on lease term!
  • Two 5-year renewal options!
  • 27,136 average daily traffic count on Mahan Drive/Highway 91!

OVERVIEW

Located at 3117 Mahan Drive in Tallahassee, FL, this prime investment property features an absolute NNN lease with over 10.5 years remaining, offering a hassle-free income stream with no landlord responsibilities. Positioned along Mahan Drive/Highway 91 with a high traffic count of 27,136 vehicles per day, the property benefits from Tallahassee’s vibrant economy and a student population exceeding 70,000 from Florida State University, Florida A&M, and Tallahassee Community College.

FOR SALE DETAILS

PRICE

$1,340,000 USD

PRICE/SF

$613 USD /SF

CAP RATE

6.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lafayette Place - Checkers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

11-27-15-000-002.1

ASK ABOUT THIS PROPERTY

Edwin VoskanianVoskanian Investment Group Inc.More Info
818-303-9903

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Edwin VoskanianVoskanian Investment Group Inc.More Info
818-303-9903

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