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: 7.83%

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

Broker Information

John McNeill
John W. McNeill



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