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5712 W Tennessee St
Tallahassee, FL 32304
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 3,339 SF Single Tenant Net Lease Circle K Convenience Store & Gas Station Situated on 1.14 Acres w/ 6 Pumps 12 Fueling Positions
- Absolute "NNN" Net Lease w/ No Landlord Responsibilities
- Great Visibility and Frontage on W Tennessee St | Over 21,100 Vehicles Per Day
- Circle K Just Exercised Five Year Renewal Option w/ Rent Increase Showing Their Commitment To The Location
- Tallahassee Is The State Capital of Florida & Home To At Least (3) Major Colleges & Universities: Florida State University, Florida A&M University
- Surrounding Retailers | Tractor Supply, Walmart, Dollar Tree, Applebee's, Home Depot, Ross, Taco Bell, and Many More
EXECUTIVE SUMMARY
3,339 SF Single Tenant Net Lease Circle K Convenience Store & Gas Station Situated on 1.14 Acres w/ 6 Pumps 12 Fueling Positions
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,321 SF
Building Class
B
Year Built
2001
Price
$5,290,537 CAD
Price Per SF
$1,593.06 CAD
Cap Rate
6%
NOI
$317,459 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
AC
Parking
20 Spaces (6.02 Spaces per 1,000 SF Leased)
Frontage
256’ on W Tennessee St
AMENITIES
- Dedicated Turn Lane
PROPERTY TAXES
| Parcel Number | 21-30-60-00A-003.4 | Improvements Assessment | $813,919 CAD |
| Land Assessment | $401,129 CAD | Total Assessment | $1,215,048 CAD |
PROPERTY TAXES
Parcel Number
21-30-60-00A-003.4
Land Assessment
$401,129 CAD
Improvements Assessment
$813,919 CAD
Total Assessment
$1,215,048 CAD
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