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1350 E Park Ave
Tallahassee, FL 32301
NNN Corporate Bojangles | 6.74% CAP · Retail Property For Sale
Investment Highlights
- Long-term, NNN corporate Lease with 11 years remaining on the original term.
- Net lease structure, fully passive investment with tenant assuming full financial responsibility for all expenses.
- In the heart of Tallahassee, with an expanding economy reaching $20 billion in 2023.
- Exceptional building and site attributes with a large drive-thru, multiple access points and full ingress/ and egress to adjacent lots.
- Corporate Bojangles, fast food, single-tenant restaurant concept with over 800 systemwide locations.
- Prime retail location, just off high-traffic intersection with a combined AADT of 60,500 vehicles.
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,887 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.47 AC
Zoning
OR-3 - Retail
Parking
38 Spaces (9.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 11-31-20-057-000.0 | Improvements Assessment | $831,925 |
| Land Assessment | $320,165 | Total Assessment | $1,152,090 |
Property Taxes
Parcel Number
11-31-20-057-000.0
Land Assessment
$320,165
Improvements Assessment
$831,925
Total Assessment
$1,152,090
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