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.
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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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