Log In/Sign Up
5711 Blountstown Hwy
Tallahassee, FL 32310
New Tallahassee Shell Station For Sale! · Retail Property For Sale
Investment Highlights
- 6-PUMP SHELL STATION WITH SIGNATURE CSTORE IN THE HEART OF TALLAHASSEE, FL!
- 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS!
- RECENT SITE RENOVATIONS INCLUDE NEW HVAC, NEW ROOF, NEW TANKS, NEW PUMPS, NEW CANOPY, NEW SIGNAGE, AND NEW SHELL SIGNATURE C-STORE!
- 10% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE TERM OF THE LEASE.
- 7.0% CAP RATE IN 2023! 7.5% CAP RATE IN 2029! 8.3% CAP RATE IN 2034! 9% CAP RATE IN 2039! 10.0% CAP RATE IN 2043!
- STRONG TENANT IN PLACE WITH OVER 35 YEARS OF GAS STATION OPERATION EXPERIENCE AND EXTREMELY STRONG FINANCIALS!
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,750 SF
Building Class
C
Year Built/Renovated
1987/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.70 AC
Zoning
C-2 - CG
Parking
11 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
172’ on Blountstown Hwy
Amenities
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Security System
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Recessed Lighting
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 21-31-20-624-000.0 | Improvements Assessment | $390,184 |
| Land Assessment | $46,925 | Total Assessment | $437,109 |
Property Taxes
Parcel Number
21-31-20-624-000.0
Land Assessment
$46,925
Improvements Assessment
$390,184
Total Assessment
$437,109
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
