3122 W Tennessee

Retail-Commercial for Sale
Catylist Listing ID: 30609101
Property Subtypes: Free-Standing Building, Vehicle Related
Building Size (RSF): 4,500 SF
Gross Building Area: See Agent
Sale Price: $1,675,000
Unit Price: $372.22 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 100
Last Updated: 4/7/2021

Overview / Comments

6.12% Blended cap rate investment in a densely populated area, minutes from Tallahassee Community College and Florida State University
Local car dealership with over 4,500 SF of office space, parking, and a mechanical shop contrived for auto repair
and customization
Located in the heart of all the national car dealers in Tallahassee area
Current Regional tenant has 7 years left in their lease

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 2129200760000
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 45,000 SF
Total Parking Spaces: 80
Parking Type: Surface

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,512 67,775 134,910
Median Age: 24.25 25.62 28.73
Households: 1,491 27,387 53,368


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Tallahassee Board of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.