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Jungle Boys Cannabis Dispensary 1719 W Tennessee St 7,128 SF Retail Building Tallahassee, FL 32304 $3,864,343 ($542.14/SF) 7% Cap Rate
EXECUTIVE SUMMARY
The asset would be an attractive investment opportunity for investors looking for no landlord responsibilities, a newly-renovated commercial property, occupied by a
tenant with strong dedication to the location, and located 0.25 miles from Florida State University, one of the largest universities in the Southeast United States.
tenant with strong dedication to the location, and located 0.25 miles from Florida State University, one of the largest universities in the Southeast United States.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
7,128 SF
Building Class
B
Year Built
1976
Price
$3,864,343
Price Per SF
$542.14
Cap Rate
7%
NOI
$270,504
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
CP - Commercial Parkway
Parking
35 Spaces (4.91 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-35-20-209-000.0 | Improvements Assessment | $538,075 |
| Land Assessment | $425,808 | Total Assessment | $963,883 |
PROPERTY TAXES
Parcel Number
21-35-20-209-000.0
Land Assessment
$425,808
Improvements Assessment
$538,075
Total Assessment
$963,883
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Jungle Boys Cannabis Dispensary | 1719 W Tennessee St
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