Bradfordville 5 unit Investment Opportunity 6800 Thomasville Rd

6800 Thomasville Rd , Tallahassee, Florida, 32312 | 12,072 sq.f | $ 3,750,000

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About This Restaurant

Investment Highlights

Median Household Income $111,060 within a mile radius 27 minute drive to Tallahassee International Airport Traffic Volume at Thomasville Rd and Loma Farm Rd NE, 36,441 in 2022

Executive Summary

Rare opportunity to purchase 5 retail condo units located in the Bradfordville Commons Shopping Center. 4 units are fully leased; Burn Boot Camp, Artistry Dance (2 spaces) and the US Post Office have been recently renewed.The former Hurricane Wings space is a 4432 square foot space with large outside seating/entertainment area. Owner is renovating the space and will deliver it as a new "white box". Total square footage is 12,072 square feet . Lease rates range from $16.50 to $28.00 per square foot. Please see the Offering Memorandum attached below. Can be purchased as a portfolio for $3,750,000.00 or individually:Individual Prices:Restaurant Space: $1,750,000.00Artistry Dance: $879,000.00Burn Boot Camp $850,000.00US Post Office: $325,000.00 (available upon sale of one other unit)

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    12,072
  • Building Class    A
  • Year Built/Renovated    1986/2010
  • Price    3,750,000
  • Price Per SF    311
  • Cap Rate    7.01
  • NOI    262,775
  • Percent Leased    27
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.04
  • Land Acres    6.50 AC

Amenities

  • Dedicated Turn Lane
  • Signalized Intersection
Date Created: 2024-07-16 04:13:32 Last Updated: 2024-07-16 04:13:32
Address: 6800 Thomasville Rd , Tallahassee, Florida, 32312