Income Producing Investment Property
Shopping Center
for Sale
| Catylist Listing ID: |
30329990 |
| Property Subtypes: |
Mixed Use, Other
|
| Building Size (RSF): |
97,333 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
13 Acres
|
| Sale Price: |
$7,750,000 |
| Unit Price: |
$79.62 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
8.33% |
| Last Updated: |
7/21/2021 |
Overview / Comments
|
Excellent investment opportunity, this income producing property is 100% leased with national and regional long term tenants, including Bridgestone Tires, State of Florida, Premier Homes, and more. Over 97,300 SF combining professional office space with flex/industrial and warehouse space. Located on 13 +/- AC with ample parking and yard storage areas on Capital Circle NW next to Woodlane Industrial Park. Only minutes from US Hwy 27 with close proximity to multiple retail areas and I-10.
|
Current Tenants
| Tenant Business Name |
PERC |
| Is Renting? |
Yes |
| SF of Space Occupied |
11,560 SF |
| Lease Expiration |
6/2024 |
| Tenant Notes |
Paying for 11,560 of 14,203 usable SF |
| Tenant Business Name |
Roberts |
| Is Renting? |
Yes |
| SF of Space Occupied |
10,436 SF |
| Lease Expiration |
12/2020 |
| Tenant Business Name |
Sandco |
| Is Renting? |
Yes |
| SF of Space Occupied |
7,199 SF |
| Lease Expiration |
12/2028 |
| Tenant Notes |
3,015 SF is considered Common Space and is not billed space. |
| Tenant Business Name |
Sandco Warehouse |
| Is Renting? |
Yes |
| SF of Space Occupied |
25,238 SF |
| Lease Expiration |
12/2028 |
| Tenant Notes |
First Floor: 20,728 SF
Second Floor: 4,510 SF |
| Tenant Business Name |
Premier Homes |
| Is Renting? |
Yes |
| SF of Space Occupied |
12,589 SF |
| Lease Expiration |
12/2028 |
| Tenant Notes |
6,313 SF is considered Common Space and is not billed space. |
| Tenant Business Name |
Bridgestone/GCR |
| Is Renting? |
Yes |
| SF of Space Occupied |
27,668 SF |
| Lease Expiration |
8/2021 |
| Tenant Notes |
7,991 SF is considered Common Space and is not billed space. |
Additional Details
| Nearest MSA: |
Tallahassee |
| County: |
Leon |
| Tax ID/APN: |
21-06-51-000-0060 |
| Zoning: |
C2- GENERAL COMMERCIAL |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,617 |
22,156 |
75,178 |
| Median Age: |
36.89 |
32.88 |
31.77 |
| Households: |
1,389 |
8,888 |
31,601 |
|
© 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.
|
