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6800 Thomasville Rd - Bradfordville Commons Units For Sale

1,450 - 3,343 SF Retail Units Offered at £276,150 - £693,531 Per Unit in Tallahassee, FL 32312

Investment Highlights

  • Strip center with diverse tenant mix: dance studio, gym, and post office.
  • 28,600 residents live within a 3-square mile radius of the property: median household income equals $109,900 for this population.
  • Highly visible property: passed by over 36,400 daily drivers.

Executive Summary

Located in Bradfordville Commons, at the intersection of Thomasville Rd. and Kinhega Dr. Traffic count of over 40,000 VPD. Generous parkng over the 6.5 acre site. Highly desireable location. Strong demographics.

Data Room Click Here to Access

Property Facts

Price £276,150 - £693,531
Unit Size 1,450 - 3,343 SF
No. Units 3
Total Building Size 12,072 SF
Property Type Retail
Property Subtype Restaurant
Building Class B
Number of Floors 1
Typical Floor Size 12,072 SF
Year Built 1986
Lot Size 6.50 AC
Parking Ratio 4.14/1,000 SF

3 Units Available

Unit A

Unit Size 3,343 SF
Price £670,650
Price Per SF £200.61
Unit Use Retail
Sale Type Investment or Owner User
Net Initial Yield 7.00%
NOI £46,945.50
No. Parking Spaces 50
Description

3343 Square Foot Foot space occupied by Burn Boot Camp. Established Tenant. Presently leased for $17.78 per square foot. 4% annual increases, leased through October 2027.

Sale Notes

Signature location in the Bradfordville sub-market in Northeast Tallahassee.

Unit B

Unit Size 2,887 SF
Price £693,531
Price Per SF £240.23
Unit Use Retail
Sale Type Investment or Owner User
Net Initial Yield 7.00%
NOI £48,547.17
No. Parking Spaces 50
Description

Artistry Dance Space. 2887 square foot space occupied by an established dance studio.

Sale Notes

Well maintained.
Leased through October 2026.

Unit C

Unit Size 1,450 SF
Price £276,150
Price Per SF £190.45
Unit Use Retail
Sale Type Investment or Owner User
Net Initial Yield 6.00%
NOI £16,569.00
No. Parking Spaces 50
Description

US Post Office pace. Leased through October 2030. Lease is net of property tax.

Sale Notes

Strong Government Lease. Ideal for the small investor.

Amenities

  • Dedicated Turn Lane

zoning

Zoning Code BC-2 (BC-2 Bradfordville Commercial.)
BC-2 (BC-2 Bradfordville Commercial.)
  • Listing ID: 33907031

  • Date on Market: 18/11/2024

  • Last Updated:

  • Address: 6800 Thomasville Rd, Tallahassee, FL 32312

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