5215 West Tharpe Street

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30816560
Property Subtypes: Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 17,600 SF
Gross Building Area: See Agent
Gross Land Area: 1.31 Acres
Sale Price: $2,200,000
Unit Price: $125 PSF
Docks/Doors: 2 Docks, 4 Doors
Office SF: 2,009 SF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: 7.16%
Last Updated: 1/18/2023

Overview / Comments

17,600 SF warehouse available FOR SALE in the evolving Northwest Tallahassee trade area. The property possesses many desired characteristics including 4 grade level doors, 2 dock high doors, a fenced in lay yard, +/- 2,009 SF of finished showroom space, as well as excess land for expansion or lay yard. The subject's location is also sought after, situated just 3 minutes south of Interstate 10 Exit 196, 11 minutes north of Tallahassee International Airport, and 15 minutes west of Downtown Tallahassee. Major development projects in the pipeline adjacent to the property consist of a 120,000+ SF Amazon "Last-Mile" facility and a 46,000+ SF Land Rover, BMW, Jaguar dealership.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 213062 A0090
Property Located Between: Subject is located in northwest Tallahassee, FL 1.15 miles south of Interstate 10, 4.75 miles north of Tallahassee International Airport, and 5.25 miles west of Downtown Tallahassee.
Highway Access: I-10
Year Built: 2005
Parking Type: Surface
Eave Height: 18

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,336 49,566 117,070
Median Age: 26.98 26.44 28.14
Households: 924 20,577 45,575
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