Restaurant For Sale on Apalachee Pkwy

Retail-Commercial for Sale
Catylist Listing ID: 30206970
Property Subtypes: Restaurant
Building Size (RSF): 7,914 SF
Gross Land Area: 1.82 Acres
Sale Price: $1,900,000
Unit Price: $240.08 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/30/2021

Overview / Comments

Fronts on Apalachee Parkway - Strong Day Time Pop - Over 6.0 million SF Office Space along arterial road.Capitol Building and Central Business District less than 1/2 mile away.

Retailers and restaurants in the area include: Chili's, Olive Garden, Ross Stores, BJ's Brewhouse, Chuy's Tex Mex, Walgreens, Dillard's, Macy's, and many other Governor's Square Mall tenants.

Nearby Hotels: Doubletree by Hilton, Hotel Duval, Four Points by Sheraton, Hilton Garden Inn, Wyndham Garden, Hampton Inn, Aloft, Marriott Courtyard, Comfort Suites, Home2 by Hilton, Springhill Suites, Best Western, Homewood Suites, and Governor's Inn.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 1131206250000
Zoning: CU-45
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Largest Nearby Street: Apalachee Parkway
Traffic/Vehicle Count: 39,238
Site Description: Fronts on Apalachee Parkway - Strong Day Time Pop - Over 6.0 million SF Office Space along arterial road.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,914 SF
Year Built: 2006
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,014 103,898 175,111
Median Age: 29.65 29.11 30.61
Households: 4,989 42,840 73,001


Photograph of Listing Agent

Francis P. Rentz, CCIM

SVN | SouthLand Commercial Member
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