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Guthries 2870 Apalachee Pky 2,616 SF Retail Building Tallahassee, FL 32301 $2,283,245 CAD ($872.80 CAD/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

Recently renovated in 2023, offering modern amenities
High visibility in a bustling commercial area
Established location in the heart of Tallahassee

Zoned CP for flexible commercial use
Multi Unit Operator
Ideal for retail or street retail investor

EXECUTIVE SUMMARY

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*

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

2,616 SF

Building Class

B

Year Built/Renovated

1983/2023

Price

$2,283,245 CAD

Price Per SF

$872.80 CAD

Cap Rate

6.25%

NOI

$142,700 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.05

Lot Size

1.26 AC

Zoning

CP - Planned Commercial

Parking

15 Spaces (6.15 Spaces per 1,000 SF Leased)

Frontage

129’ on Apalachee

Dedicated Turn Lane

Pylon Sign

Drive Thru

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Walk Score®

Very Walkable (71)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	31-04-20-013-000.0	Improvements Assessment	$496,063 CAD
Land Assessment	$482,435 CAD	Total Assessment	$978,498 CAD

PROPERTY TAXES

Parcel Number

31-04-20-013-000.0

Land Assessment

$482,435 CAD

Improvements Assessment

$496,063 CAD

Total Assessment

$978,498 CAD

(850) 326-1463

CONTACTS

Fletcher Dilmore
Jake McPhail
Premier Commercial Group

Listing ID: 34522457
Date on Market: 2025-01-17
Last Updated:
Address: 2870 Apalachee Pky, Tallahassee, FL 32301

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2870 Apalachee Pky, Tallahassee, FL for sale Building Photo- Image 1 of 8 — Building Photo

2870 Apalachee Pky, Tallahassee, FL for sale Building Photo- Image 2 of 8 — Building Photo

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2870 Apalachee Pky, Tallahassee, FL for sale Building Photo- Image 4 of 8 — Building Photo

2870 Apalachee Pky, Tallahassee, FL for sale Building Photo- Image 5 of 8 — Building Photo

2870 Apalachee Pky, Tallahassee, FL for sale Building Photo- Image 6 of 8 — Building Photo

2870 Apalachee Pky, Tallahassee, FL for sale Building Photo- Image 7 of 8 — Building Photo

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