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2308 Apalachee Pky
Tallahassee, FL 32301
Starbucks | Brand New 20 Year NNN Lease · Retail Property For Sale
Investment Highlights
- Brand New and Rare 20 year, absolute net Starbucks lease
- Lease calls for six 5-year renewal options and regular rent increases to hedge against inflation
- Strong in-fill location and located along a strong retail corridor and surrounded by government office buildings, with the area’s largest workforce
- Brand New 2023 construction with a drive-thru
- Limited competition in immediate area with the nearest free-standing Starbucks more than 1.5-miles to the NW of the site
- Located in Florida’s state capital with large population density and no state income tax
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,954 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.32 AC
Zoning
CP - General Retail
Parking
40 Spaces (10.12 Spaces per 1,000 SF Leased)
Frontage
256’ on Apalachee Pky
Amenities
- Dedicated Turn Lane
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 31-04-20-202-000.0 | Improvements Assessment | $949,861 |
| Land Assessment | $689,119 | Total Assessment | $1,638,980 |
Property Taxes
Parcel Number
31-04-20-202-000.0
Land Assessment
$689,119
Improvements Assessment
$949,861
Total Assessment
$1,638,980
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