Catylist ID:
#30609101
| 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 |
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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