Freestanding For Sale • 22,908 SF
| The property is currently leased on an NN+ lease, requiring minimal landlord responsibilities, with 10 years of term remaining |
| The lease includes two (2) 5-year options to extend with rare +3%. The initial term and option periods include +10% rental increases every 5 years |
| The property is located in Florida, a state with no state income tax |
| The asset is located on the westside of N Monroe St, a primary north-south thoroughfare in Tallahassee with an AADT of 32,500 |
| The center is located 1 mile north of I-10 (70,000 AADT), one of the largest interstates in the country, connecting Jacksonville to the California |
| 55,690 population within a 3-mile radius |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Tallahassee International | 18 min | - | 10.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 12 |
| Type: | Surface |
| Included in Rent: | Yes |