List Search

5711 Blountstown Hwy
Tallahassee, FL 32310 Southwest Tallahassee

Price Upon Request

Service Station For Sale  •  2,750 SF

Property Details

  • Property Type Service Station
  • Total Building Size 2,750 SF
  • Lot Size 0.7 AC
  • Building Class C
  • Year Built 1987
  • Tenancy Single
  • Zoning C-2
0 Transit Score
20 Walk Score

Highlights

6-PUMP SHELL STATION WITH SIGNATURE CSTORE IN THE HEART OF TALLAHASSEE, FL!
10% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE TERM OF THE LEASE.
20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS!
7.0% CAP RATE IN 2023! 7.5% CAP RATE IN 2029! 8.3% CAP RATE IN 2034! 9% CAP RATE IN 2039! 10.0% CAP RATE IN 2043!
RECENT SITE RENOVATIONS INCLUDE NEW HVAC, NEW ROOF, NEW TANKS, NEW PUMPS, NEW CANOPY, NEW SIGNAGE, AND NEW SHELL SIGNATURE C-STORE!
STRONG TENANT IN PLACE WITH OVER 35 YEARS OF GAS STATION OPERATION EXPERIENCE AND EXTREMELY STRONG FINANCIALS!

Amenities

  • 24 Hour Access
  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Security System
  • Signage
  • Signalized Intersection
  • Skylights
  • Tenant Controlled HVAC
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Tallahassee International 8 min - 4.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes