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Guthries 2870 Apalachee Pky

2,440 SF Retail Building Tallahassee, FL 32301 $1,726,961 ($708/SF) 5.75% Cap Rate

Retail Space Florida Tallahassee 2870 Apalachee Pky, Tallahassee, FL 32301

Investment Highlights

  • Recently renovated in 2023, offering modern amenities
  • High visibility in a bustling commercial area
  • Established location in the heart of Tallahassee
  • Zoned CP for flexible commercial use
  • Multi Unit Operator
  • Ideal for retail or street retail investor

Executive Summary

Premier Commercial Group is proud to present 2870 Apalachee Parkway for sale in Tallahassee, Florida! This 2,616 sf drive thru property is currently being leased out by Guthries with a 5 year NNN lease remaining, providing a stable income stream. Situated in the Tallahassee area, this property holds significant potential for long-term retail investment success. 10.5 years remaining on lease - 5.5 years remaining on original 7 year NNN lease, with tenant exercising an early 5 year renewal
*Does not include back half of land*

Attachments

Guthries Sale

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,440 SF
Building Class
B
Year Built/Renovated
1983/2023
Price
$1,726,961
Price Per SF
$708
Cap Rate
5.75%
NOI
$99,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.26 AC
Zoning
CP
Parking
15 Spaces (6.15 Spaces per 1,000 SF Leased)
Frontage
129 FT on Apalachee

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Drive Thru
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Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Sonny"s Real Pit Bar B-Q
IHOP
Guthrie's
Bank of America
ALDI
Jason's Deli
Planet Fitness
Starbucks
Truist
Beef'O'Brady's

PROPERTY TAXES

Parcel Number 31-04-20-013-000.0 Improvements Assessment $0
Land Assessment $0 Total Assessment $517,482

PROPERTY TAXES

Parcel Number
31-04-20-013-000.0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$517,482
(850) 326-1463

Contact

  • Listing ID: 34522457

  • Date on Market: 1/17/2025

  • Last Updated:

  • Address: 2870 Apalachee Pky, Tallahassee, FL 32301

More public record information on 2870 Apalachee Pky, Tallahassee, FL 32301

The Retail Property at 2870 Apalachee Pky, Tallahassee, FL 32301 is currently available for sale. Contact Premier Commercial Group for more information.

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Guthries | 2870 Apalachee Pky
(850) 326-1463 x

Guthries | 2870 Apalachee Pky

Fletcher Dilmore

(850) 326-1463

(850) 326-1463

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