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Wawa | Abs NNN Ground Lease 1755 N Blair Stone Rd 6,119 SF Retail Building Tallahassee, FL 32308 $8,443,254 CAD ($1,379.84 CAD/SF) 4.50% Cap Rate
Investment Highlights
- Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
- Signalized, Hard Corner Intersection | Off Capital Circle NE | North of Tennessee St | Surrounding Retailers & Neighborhoods
- Absolute NNN Ground Lease | Land Ownership | No Landlord Responsibilitie | No State Income Tax
Executive Summary
Single tenant absolute NNN ground lease investment opportunity
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,119 SF
Building Class
C
Year Built
2025
Price
$8,443,254 CAD
Price Per SF
$1,379.84 CAD
Cap Rate
4.50%
NOI
$379,960 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.47 AC
Zoning
GC - General Commercial
Parking
47 Spaces (7.68 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-28-20-299-000.0 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,058,526 CAD | Total Assessment | $1,058,526 CAD |
Property Taxes
Parcel Number
11-28-20-299-000.0
Land Assessment
$1,058,526 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,058,526 CAD
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Wawa | Abs NNN Ground Lease | 1755 N Blair Stone Rd
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