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 |