1572 Bannerman Rd
Tallahassee, FL, 32312
| Price | $1,425,000 |
| Type | Sale |
| Size | 850 sf |
| Lease Time Remaining | 7.3 |
| Est. Cap Rate | 6.75% |
| Listed | |
| Status | Listed |
Details
Interested? Call Me!
Al Russell
4708 Capital Circle NWTallahassee, FL, 32303
| 850-205-5201 | |
| 850-508-4242 | |
| arussell@teampcg.com |
Lic. BK3433407
Premier Commercial Group is proud to present this 850 sf double drive thru building at 1572 Bannerman Rd. in Tallahassee Fl. This newly constructed, free standing drive thru was completed in 2023 and sits on the corner of Bannerman Rd and Bull Headley - both known for their heavy daily traffic counts. A regional tenant (Red Owl Coffee) has 7.3+ years remaining (out of 8) on their NNN lease at this location, with a 1 year renewal followed by 2.5 years.In addition, it sits across from a Publix anchored neighborhood center that also opened in the summer of 2023. This area of Bannerman is surrounded by thousands of residential housing units, with over 1,000 more planned within a few mile radius.
- 7.3+ years remaining on tenants NNN lease - Red Owl Coffee
- On intersection of Bull Headley - leading to boat ramp at lake Iamonia
- Across from Publix anchored neighborhood center
- Over 1,000 new residential units of growth planned within a few mile radius
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