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5676 Thomasville Rd
Tallahassee, FL 32312
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
4,841 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.33 AC
Zoning
PUD - Commercial
Parking
25 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
189’ on Thomasville Rd
Amenities
- Banking
- Security System
- Signage
- Drive Thru
About 5676 THOMASVILLE RD , TALLAHASSEE, FL 32312
A single tenant freestanding Bank of America Bank Branch located in Tallahassee, FL – the state Capitol of Florida. The absolute net ground lease has 5.5 years remaining on the original term, through December 29, 2023. The base rent will increase to $86,515.08 on December 29, 2018 (Buyer will be credited for rent difference at closing). The lease has 8-5 year options with 10% increases in each 5 year term. The Lease is guaranteed by Bank of America NA (NYSE: BAC), with a Standard & Poor’s Rating A+ and a Moody’s rating of Aa3. OM: http://properties.svn.com/docs/documents/871981?token=d514c56fd65178d5f847e1a5468975d8224db5b7
Property Taxes
| Parcel Number | 14-27-37-00A-002.0 | Improvements Assessment | $867,203 |
| Land Assessment | $651,769 | Total Assessment | $1,518,972 |
Property Taxes
Parcel Number
14-27-37-00A-002.0
Land Assessment
$651,769
Improvements Assessment
$867,203
Total Assessment
$1,518,972
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