Crawfordville Crossings 2165 Crawfordville Hwy Hwy 3,300 SF 100% Leased Retail Building Crawfordville, FL 32327 $2,490,000 ($754.55/SF) 5.42% Cap Rate

PRICE REDUCTION on This new construction retail property is a NNN Lease, 2 Tenant QSR with Drive Thru and 300 Ft Rd frontage. National brands, Firehouse Subs and Dunkin Donuts, with highly reputable franchisee operators are on long term leases within this center. Crawfordville is the epicenter of Wakulla County and the fast growing submarket of the Greater Tallahassee market area. With excellent school systems and lots of developable land for residential developers, the rooftops continue to expand exponentially each year for middle class families that live, work, and eat in the area. The local, regional, and tourism traffic continues to grow on Hwy 319 as the major thoroughfare which is being widened between Tally & the Gulf Coast is now boasting a traffic count of over 17,500 ADA. Tenant does have a first right of refusal on any sell transaction. Build out is complete, with Dunkin’ and Firehouse Subs well into operating. Each tenant is exceeding expected performance pointing towards expected renewals in the future. The current NOI on Leases are $135,000 (5.19% CAP Rate) with an initial term through 2035 with 10% rent increases every 5 years and 3 renewal options.