Catylist ID: #30211759
1100 N Monroe Street
Retail-Commercial for Sale
|Catylist Listing ID:||30211759|
|Property Subtypes:||Free-Standing Building, Mixed Use, Retail-Pad, Street Retail|
|Building Size (RSF):||9,000 SF|
|Unit Price:||$77.67 PSF|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
Fully leased investment opportunity.
Tenants are Jim's Pianos, Decades of Denim Clothing Boutique and B&T Small Engines. Jim's has a recognizable name & well respected reputation in Tallahassee. B&T has been a tenant here for over 25 years.
Cap Rate on current NOI is 7.1%
9,000 SF retail/warehouse space available for sale on .31 acres. 4,500 SF retail space with front door parking on Monroe St. and 4,500 SF of warehouse space on the lower level with access from 4th Ave.
Great storefront location in the heart of Midtown Tallahassee
Front door parking with great visibility and signage.
Zoned Central Urban (CU-45).
Attachments & Media
|Retail Clientele:||General, Business, Traveler|
|Property Located Between:||Located off N. Monroe St. between 4th and 5th Ave. in the heart of Midtown Tallahassee.|
|Area Description:||Corner of 4th Ave. and Monroe St. in the heart of Midtown Tallahassee.|
|Heat Source:||Heat Pump|
|Air Conditioning:||Engineered System|
|Proximity:||1 mile||3 miles||5 miles|
James TaubeNAI TALCOR Commercial Real Estate Services, Inc. TALrex.com Member
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