Sunbelt Rentals on W. Tennessee
Retail-Commercial
for Sale
| Catylist Listing ID: |
30674596 |
| Property Subtypes: |
Free-Standing Building, Street Retail, Vehicle Related
|
| Building Size (RSF): |
25,000 SF
|
| Gross Land Area: |
4.66 Acres
|
| Sale Price: |
$2,500,000 |
| Unit Price: |
$100 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
Sunbelt Rentals |
| Usable Size (USF): |
25,000 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
4.1% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
1/6/2021 |
Overview / Comments
|
Free standing retail building on busy West Tennessee Street. Fully leased thru 2023 to Sunbelt Rentals. Practically zero landlord responsibilities. 4 plus acres for parking and letdown yard.
|
Additional Details
| Nearest MSA: |
Tallahassee |
| County: |
Leon |
| Taxing Authority: |
Leon County |
| Tax ID/APN: |
2128202060000 |
| Zoning: |
COMMERCIAL PARKWAY (CP) |
| Retail Clientele: |
General, Business |
| Property Located Between: |
Ocala and Capital Circle NW |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Capital Circle NW |
| Highway Access: |
I-10 |
| Airports: |
TLH |
| Site Description: |
Flat site with equipment wash down area. |
| Area Description: |
Very busy area of West Tennessee Street. FSU, TCC, Lively all nearby |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
25,000 SF |
| Property Condition: |
Average |
| Year Built: |
1964 |
| Year Renovated: |
2014 |
| Roof Type: |
Flat |
| Construction/Siding: |
Aluminum Siding |
| Exterior Description: |
Former toyota car sales and repair lot |
| Total Parking Spaces: |
40 |
| Parking Type: |
Surface |
| Parking Description: |
Ample paved parking |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable, DSL, T1/T3, Fiber Optic |
| Interior Description: |
Retail/office and warehouse property |
| Zoning Description: |
CP - Wide variety of commercial retail uses |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,873 |
75,847 |
137,272 |
| Median Age: |
23.85 |
25.18 |
28.84 |
| Households: |
5,798 |
30,011 |
54,540 |
|
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