Retail Investment Property

Retail-Commercial for Sale
Catylist Listing ID: 30502891
Property Subtypes: Free-Standing Building
Building Size (RSF): 4,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.34 Acres
Sale Price: $725,000
Unit Price: $181.25 PSF
Property Use Type: Investment
Building Name: Retail Investment Property
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/9/2019

Overview / Comments

This 4,000sf freestanding retail building is offered for sale as an investment property with a long term lease in place for the retail investor. The property features a 4,000sf, concrete block building that is leased long term to One Low Price Drycleaners. This lease provides stable income and has limited landlord responsibilities (roof only) . The current lease runs thru September 30, 2026.

4,000 sq. ft. Free Standing Building
Investment Property
Long Term Tenant In Place
Excellent Frontage and Signage

Attachments & Media

Current Tenants

Tenant Business Name One Low Price Drycleaners
Is Renting? Yes
SF of Space Occupied 4,000 SF

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 212543 C0060
Zoning: CU-45
Retail Clientele: General
Area Description: Located at the lighted intersection of N. Monroe Street and Seventh Avenue, this high visibility corner is in the heart of the Midtown district in Tallahassee, Florida. With a combined 33,000+ Vehicles per day passing this location, it has excellent signage, and visibility, with ingress and egress points from both Monroe Street and Seventh Avenue.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Year Built: 1971

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,740 111,389 180,416
Median Age: 31.92 29.11 31.32
Households: 5,629 47,049 75,077


Photograph of Listing Agent

Carlton Dean, SIOR, CCIM

SVN | SouthLand Commercial Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Tallahassee Board of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.