Bank of America

Retail-Commercial for Sale
Catylist Listing ID: 30297523
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 4,841 SF
Gross Building Area: See Agent
Gross Land Area: 1.33 Acres
Sale Price: $1,647,000
Unit Price: $340.22 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Bank of America
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/17/2018

Overview / Comments

The bank branch is located along the Thomasville Road corridor (45k average daily traffic) surrounded by the most affluent incomes in the city - average household incomes of $115,960 within 1 mile and $108,7891 within 5 miles,. The site has excellent access and visibility from Thomasville Road and has left turn access off Thomasville Rd via Roanoke Dr. The bank branch has 161 lineal feet of frontage on Thomasville Road.

The largest Wal-Mart Super Center in the city, 210,275 square feet, is located immediately south of the Chili’s Restaurant. Other retailers in the area are: Target Super Center, CVS, Walgreens, Capital City Bank, Centennial Bank, StarBucks, Dunkin Doughnuts, Firehouse Subs, AT&T and Verizon. The bank branch sits at the front of the Bull Run residential development and south of the prestigious Golden Eagle Development master planned community and Lake McBride residential development.

Current Tenants

Tenant Business Name Bank of America
Is Renting? Yes

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 14-27-37-A-0020
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Tenancy: Single Tenant
Property Condition: Excellent
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,494 33,609 65,832
Median Age: 40.38 42.47 42.07
Households: 1,978 13,132 26,284


Photograph of Listing Agent

Francis P. Rentz, CCIM

SVN | SouthLand Commercial Member
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