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Premier Fine Homes Campus 4708 NW Capital Cir NW 31,000 SF 100% Leased Flex Building Tallahassee, FL 32303 $11,000,000 ($354.84/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 13.45 Acre Master-leased campus with Office and Industrial properties positioned on site.
- Multi-Tenant Property carries a strong diversity of tenants and occupants, all managed and controlled by Premier Fine Homes Team.
- Premier Fine Homes Shall Master-Guarantee the Subject Property Across the Initial 15-Year Lease Lifespan.
EXECUTIVE SUMMARY
CBRE is pleased to present the master-leased sale-leaseback of the Industrial Corporate Headquarters Facility with an Outside Storage yard on behalf of Premier Fine Homes executive team. Serving the Florida panhandle for over 30-years with quality service and craftsmanship, Premier Fine Homes is committed to delivering high-performance homes that represent a long-term investment for homeowners. Dedication to excellence has earned Premier Fine Homes significant recognition, including 5 coveted awards at the 2024 Parade of Homes, showcasing their unique craftsmanship and attention to detail across homes in Canopy, Fletch Oaks, Fallschase and Landon Hills neighborhoods.
Situated on 13.45 acres, the Premier Fine Homes Campus serves as a manufacturing, storage and office facility for the home-building organization along with it’s sub-contracting units. The proposed base rent year one shall be $825,000. The lease shall feature eight-percent (8%) escalations each five-year period throughout the lifespan of the lease.
Situated on 13.45 acres, the Premier Fine Homes Campus serves as a manufacturing, storage and office facility for the home-building organization along with it’s sub-contracting units. The proposed base rent year one shall be $825,000. The lease shall feature eight-percent (8%) escalations each five-year period throughout the lifespan of the lease.
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 21-06-51-000-006.0 | Improvements Assessment | $3,943,099 |
| Land Assessment | $395,470 | Total Assessment | $4,338,569 |
PROPERTY TAXES
Parcel Number
21-06-51-000-006.0
Land Assessment
$395,470
Improvements Assessment
$3,943,099
Total Assessment
$4,338,569
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Premier Fine Homes Campus | 4708 NW Capital Cir NW
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