6800 Thomasville Rd - Restaurant CONDO FOR SALE
Tallahassee, FL 32312 |
$2,080,000 USD
904-378-6228
6800 Thomasville Rd
Tallahassee, FL 32312
HIGHLIGHTS
- The property is currently leased on an Absolute NNN lease, requiring minimal landlord responsibilities, with 10 years of term remaining
- The lease includes 15% rental increases every 5 years including the 10-year option period, providing protection against inflation
- The property is located in Florida, a state with no state income tax
- The asset is located on the westside of Thomasville Road in Tallahassee, FL with an AADT of 12,700
- Located across the street from Publix-anchored Bradfordville Center and a 124,000 SF Target
- Strong local operator with multiple successful concepts
FOR SALE DETAILS
PRICE
$2,080,000 USD
PRICE/SF
$469 USD /SF
CAP RATE
6%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Suite 102
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
12,072 SF
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
6.5 AC
LAND SF
283,140 SF
ZONING
BC-2
APN/PARCEL ID
14-22-11-000-113.0,14-22-11-000-114.0,14-22-11-000-115.0
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904-378-6228
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904-378-6228
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