Tire Kingdom

3475 Apalachee Parkway, Tallahassee, Florida



Price : $2,841,380
Cap Rate : 5%
NOI : 140352
Building Size : 6,624 Sq Ft
Lot Size (AC) : 0.81
Year Built : 2001
Lease Type : NN
Lease Expiration : 11/30/2021
Renewal Options : 2, 5-year
Rental Increases : CPI/3 years (6% floor-15% cap)
Status : Available
Property Type : Retail

Investment Highlights

Corporate Guarantee with Tire Kingdom
Minimal Landlord Responsibilities - Roof and Structure
Surrounding Retailers Include Wal-Mart Super Center, Regions Bank, Super Lube, Goodyear, Advance Auto


Tire Kingdom is located on the corner of Appalachee Parkway and Idlewind Drive. Retailers in the area include Wal-Mart Super Center, Burger King, Taco Bell, Firehouse Subs, Advance Auto Parts, Super-Lube, and Goodyear. Area banks include Capital City Bank, Premier Bank, and AmSouth Bank.The site is located one mile north of SouthWood Master Planned Community (a St. Joe development) and one mile west of Piney Master Planned Community.

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