2205 Apalachee Pkwy

Tallahassee, FL 32301 View Map $350,000 Ask a Question
Acres0.34
2205 Apalachee Pkwy Tallahassee, FL 32301 in  Photo 1
2205 Apalachee Pkwy Tallahassee, FL 32301 in  Map

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Status: Sold
Property Type:Retail
MLS #:356588
Date Sold:6/2/2023
Lot Size:0.34 Acres
County:Leon
Great Location on Apalachee Pkwy. currently Leased to the restaurant "Fly By Phillys" through May of 2026. Tenant pays $1650.oo per month NNN with 10 % yearly increases. Building has been renovated for the new tenant and shows very well. Tenant is very happy in this location and will most likely extend his lease upon renewal in 2026.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
6/4/2023$445,000$350,000-21.3%

Community Information

Address:2205 Apalachee Pkwy, Tallahassee, FL 32301
Area:SE-03
County:Leon
Zip Code:32301

Features / Amenities

Building Features: Private Restrooms, Public Restrooms
Cooling: Central Air
Heating: Central, Exhaust Fan

Property Features

Lot Size: 0.34 Acres
Lot Features: Level
Topography: Level
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Water: Public
Electric: 220 Volts
Road Frontage: Highway
Road Responsibility: Public Maintained Road
Directions:On Apalachee Pkwy just east of Blairstone

Tax and Financial Info

Tax Annual Amount: $3,275
Buyer Financing: Cash
Cap Rate: 5.0
Net Operating Income: $1,650
Insurance Expense: $2,780
Lease Terms: 5 Years
Terms: Cash, Conventional
Rent Includes: All Utilities, Gardener, Sewer, Trash Collection, Taxes, Water
Documents Available: Ground Photo, Lease

Schools

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Listing Information Last Updated 5/27/2024
Listing provided courtesy of Nai Talcor Commercial.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Joe Manausa Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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