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For Sale

Tire Kingdom

3475 Apalachee Pkwy,
Tallahassee, FL 32311

Asset Snapshot

$160,327
NOI
2001
Year Built
1
Floor Count
1
Building Count

Offering Summary

Investment Overview

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Investment Highlights

  • Double Net (NN) Lease | Minimal Landlord Obligations - Limited to Roof and Structure
  • Recent Lease Renewal - 15 Year Extension Showcasing Long Term Commitment To The Subject Property
  • Strong Dedication to Location | Occupying Since 2001
  • Four (4), Five Year Options | 5% Increases in Each Option Period
  • Heavily Trafficked Road | Main Retail Corridor with Direct Access to Downtown Tallahassee
  • Next 5% Rental Increase - August 2031
  • Adjacent to Walmart Supercenter in the Heart of Tallahassee | Excellent Hard Corner, Lighted Intersection Location
  • Property Renovated In 2016 Showing Commitment to the Location
  • Highly Visible and Easily Accessible Apalachee Pkwy | Over 29,350 Vehicles Per Day
  • Population Exceeds 112,960 within 5-Mile Radius | Average Household Income Exceeds $98,836 within 3-Mile Radius

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Listing Syndicated From

Buildout
For Sale
$2,996,766
Asking Price