This property is Off-Market

2110 Apalachee Parkway
Tallahassee, FL 32301 ·

22,672 SF · Retail For Sale

N/A

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West Marine & Rack Room Shoes

Price N/A Commission Split 4%
Gross Leasable Area 22,672 SF Cap Rate 7.10%
Property Type Retail Tenancy Multiple
Property Sub-type Strip Center Year Built 2013
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 2.06 AC
Listing ID: 18391395 Date Created: 10/08/2013 Last Updated: 07/08/2014

Description

All reasonable offers will be responded to. Priced competitively!

New construction, recently opened, new 10 year NNN leases commenced in fall 2013, for West Marine and Rack Room Shoes.

The site is located as an out-pad to a Super Target, signalized intersection. The region is the hub of national destination retail with such tenants at Chick-fil-A, Party City, Aaron's, HHGregg, Family Dollar, Pier 1 Imports, Romano's Macaroni Grill, and the Governor's Mall, which is home to over 90 retailers and is anchored by Dillard's, Sears, JCPenney, and Macy's. Just beyond the Mall is another retail center which is home to Marshalls, Famous Footwear, Fashion Bug, Michael's, and Old Navy. Walgreens, Best Buy, Border's Books, Super Cuts, Office Depot, Chipotle and others are also located in the immediate area.

Highlights

  • Brand New Construction
  • Brand New 10 Year NNN Leases on Both Tenants
  • Out-Pad to Target Anchored Center
  • Growing Region With Population Growth Over 17 Percent
  • Heavily TRafficked With Over 41,000 Vehicles Passing in Front of the Site Daily

Research

2110 Apalachee Parkway, Tallahassee, FL 32301 (Leon County)

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