POPEYES

Address: 2996 Apalachee Parkway, Tallahassee, FL

Price: $2,620,000

NOI: $150,715

Building Size: Approx. 2,265 Sq. Ft.

Lot Size: Approx. 1.10 Acres

Type: Single-Tenant / Retail

Debra L.Franklin

305.308.2635

Justin R. Sturdivant

941.504.4222


 

Investment Overview

2018 Construction. 2,265+/- SF Building on 1.10+/- Acre Site
New 15-Year Abs NNN Lease w/ 10% Rent Bumps Every 5-Yrs
Located along Apalachee Parkway (29.5K VPD) & Capital Circle (41.5K VPD)
Outparcel to a Rooms To Go Furniture Store-anchored shopping center
Less than 10 minutes from Florida State University & Florida A&M University
In a trade area dense with state government buildings
Tallahassee is ranked one of the top college towns in the nation
3-Miles E of Downtown Tallahassee
3-Mile Radius: Est Pop: 46,265 l  Average HH Income:  $62,877
Approx. 153-Miles from Jacksonville, FL & 170-Miles from Macon, GA