Log In/Sign Up
Your email has been sent.
Tire Kingdom 3475 Apalachee Pky 6,672 SF Retail Building Tallahassee, FL 32311 $4,183,246 CAD ($626.99 CAD/SF) 5.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Double Net (NN) Lease | Minimal Landlord Obligations - Limited to Roof and Structure
- Strong Dedication to Location | Occupying Since 2001
- Heavily Trafficked Road | Main Retail Corridor with Direct Access to Downtown Tallahassee
- Recent Lease Renewal - 15 Year Extension Showcasing Long Term Commitment To The Subject Property
- Four (4), Five Year Options | 5% Increases in Each Option Period
- Next 5% Rental Increase - August 2031
EXECUTIVE SUMMARY
Double Net (NN) Lease | Minimal Landlord Obligations - Limited to Roof and Structure
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,672 SF
Building Class
B
Year Built
2001
Price
$4,183,246 CAD
Price Per SF
$626.99 CAD
Cap Rate
5.35%
NOI
$223,804 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.86 AC
Zoning
CP - Commercial Parkway Zoning District
Parking
27 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
156’ on Apalachee
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 31-03-20-060-000.0 | Improvements Assessment | $624,695 CAD |
| Land Assessment | $330,369 CAD | Total Assessment | $955,064 CAD |
PROPERTY TAXES
Parcel Number
31-03-20-060-000.0
Land Assessment
$330,369 CAD
Improvements Assessment
$624,695 CAD
Total Assessment
$955,064 CAD
CONTACTS
-
Deno Bistolarides -
Anthony Minuto -
Dante Hargis -
Aliyah Rouls -
Encore Real Estate Investment Services
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Tire Kingdom | 3475 Apalachee Pky
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.