Bradfordville Retail Investment6800 Thomasville Road #103
Tallahassee , Florida 32312 Retail Property
for Sale
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: 7.83%
NOI: $152,591.99
Property Overview
Portfolio of 3 condo units being sold as a retail investment package. Hurricanes has an extension in place for 5 additional years and USPS is set to execute their extension for an additional 5 years at the quoted rate on the rent roll. Burn Boot Camp still has a remaining 3 years.
Occupancy: 100%
Property Details
Key Points: In-Place Cap Rate - 7.75% Average Lease Term - 4 Years Strong Tenant Mix - USPS, Hurricanes, Burn Boot Camp Nearby Retail Include - Publix and Target Anchored Shopping Center Profession Management - Two Associations Manage Both Common Grounds and Buildings for Hands-Off Investment
