Bradfordville Retail Investment6800 Thomasville Road #103
Tallahassee , Florida 32312 Type: 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: 7.56%
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
