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904 E Lafayette St
Tallahassee, FL 32301
Chuy’s Ground Lease · Retail Property For Sale
Investment Highlights
- 11 Years Remaining on Absolute Triple-Net (NNN) Ground Lease
- 167,934 Residents within a 5-Mile Radius - Infill Tallahassee
- Located in Dense Retail Corridor - Surrounding National Retailers Include Best Buy, Michaels, Dollar Tree, Bed Bath & Beyond, Target, and More
- 10% Rental Increases Every 5 Years - Next Increase Occurs June 2021
- Corporate Lease Guaranteed by Chuy’s Holdings, Inc.
- Walking Distance from Florida State Capitol
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,375 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.17 AC
Zoning
AC
Parking
126 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 11-31-20-618-000.0 | Improvements Assessment | $1,601,203 |
| Land Assessment | $722,007 | Total Assessment | $2,323,210 |
Property Taxes
Parcel Number
11-31-20-618-000.0
Land Assessment
$722,007
Improvements Assessment
$1,601,203
Total Assessment
$2,323,210
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