Catylist ID: #30597333
950 W Tharpe St - Retail
Retail-Commercial for Sale
|Catylist Listing ID:||30597333|
|Property Subtypes:||Mixed Use|
|Building Size (RSF):||5,000 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$238 PSF|
|Property Use Type:||Net Leased Investment (NNN)|
Overview / Comments
This center benefits from heavy traffic generating around 28,500 cars per day on West Tharpe Stand an additional 18,000 cars per day on Old Bainbridge Rd- In front of large retail shopping center.
This project is located in the Capital of Florida which has a population of 147,255 within a 5-Mile radius and this site is less than 2 miles from Florida State University & Florida A&M University (58,110+ combined enrollment).
One National and one Regional tenant, all tenants with 3% annual increases- Next to Family Dollar
In addition to the universities, there is 1 elementary, 1 middle, and 1 high school. a much older building with a similar lease just traded for a 7.4 cap at 360 W Tharpe as of 4/1/2020.
Attachments & Media
|Proximity:||1 mile||3 miles||5 miles|
Tracy WatersPremier Commercial Group, LLC
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