Kauffman Tire – Tallahassee, FL

  • website-photo

Available $3,300,000 - Retail - Single Tenant
Cap Rate:  5.70%Size:  7,403 SFTerm:  9 Years Print

 Investment Offering & Highlights

  • NEW CONSTRUCTION – Long term Net lease – 18.5 years remaining – Fixed Rent Increases during base term & Options – 15 year Roof Warranty – limited Landlord Responsibilities
  • IDEAL SITE CHARACTERISTICS – Average Household Income $128,557 within 3 mile radius – Population of 53,835 within a 5 mile radius – 55,200 VPD at the intersection of Bannerman Rd & Thomasville Rd – High Growth Area
  • STATE CAPITAL LOCATION – 9 miles to downtown Tallahassee – College Town – 90,000+ combined enrollment for Florida State University, Florida A&M University and Tallahassee Community College – Florida is an Income Tax Free State
  • EXCELLENT RETAIL LOCATION – Across from Bannerman Crossings – brand new $300M Master-Planned Community & Regional Shopping Center – On-going Development of upscale Townhomes & additional new Residential development in process – Close proximity to destination retail – Target, Publix & Kohl’s
  • Offering Memorandum

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