6800 Thomasville Road #103, Tallahassee , Florida 32312

Sale Information

Asking Price: $1,950,000

Building Size: 9,257 SQ FT

Lot Size: 9583

Cost per Square Foot: $210.65

Cap Rate: 7.56%

NOI: $147,418.89

Property Overview

Portfolio of 3 adjacent, fully occupied, condo units being sold as a retail investment package within in the Bradfordville Commons Retail Strip Center. Hurricanes has an extension in place for 5 additional years. USPS just executed a 5-year extension with two 5-year options. Burn Boot Camp still has a remaining 3 years and Two 5-Year options to renew.

Built: 1986

Occupancy: 100%

Property Details

Key Points: Entire Building Located in Bradfordville Commons Retail Center All Tenants are on Net Leases Long Term, Established Tenants Strong Tenant Mix - USPS, Hurricanes, Burn Boot Camp Nearby Retail Includes - Publix and Target Anchored Shopping Center Professional Management - Two Associations Manage Both Common Grounds and Buildings for Hands-Off Investment

Broker Information

John McNeill
John W. McNeill, SIOR