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: $1,350,000
Unit Price: $300 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

7.1% 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 tenant has 4 1/2 years left in their lease with no renewals

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 2129200760000

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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


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