CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
5067 Tennessee Capital Boulevard, TALLAHASSEE, FL 32303
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  • MLS#: O6294595 ( Commercial Sale )
  • Street Address: 5067 Tennessee Capital Boulevard
  • Viewed: 19
  • Price: $7,200,000
  • Price sqft: $198
  • Waterfront: No
  • Year Built: 2005
  • Bldg sqft: 36296
  • Days On Market: 110
  • Additional Information
  • Geolocation: 30.4597 / -84.3661
  • County: LEON
  • City: TALLAHASSEE
  • Zipcode: 32303
  • Subdivision: Tennessee Capital Center
  • Provided by: YELLOW ROCK REALTY CORP
  • mfrmls
  • DMCA Notice
  • Description
    5% Cap Rate! Imagine securing a long term lease with one of the strongest tenants in the country State of Florida! The State guarantees you unmatched stability and reliability with its notable AAA investment rating. This isn't just a lease; its a partnership with a financially robust institution known for its commitment to fiscal responsibility. Dont miss this opportunity to invest in a partnership that promises security and growthlet Florida State be your trusted tenant! All required improvements for the tenant have been completed. The HVAC system was replaced in 2021, and the membrane roofing has been redone. New awnings, a loading dock lift, bathrooms, and flooring have also been installed. These upgrades ensure that the property effectively meets the tenant's needs.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 36296.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 400954.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: TENNESSEE CAPITAL CENTER UNIT 1 30 1N 1W PART OF LOT 1 BLOCK B PB 9/17 LOT 34 -39 & 40-A PER TECHNICAL AMENDMENT 2834/501 OR 5112/341 OR 1434/1700 1712/1805 2213/39 2213/472
  • Area Major: 32303 - Tallahassee
  • Occupant Type: Tenant
  • Parcel Number: 21-30-60-00B-034.0
  • Views: 19
  • Zoning Code: AC
Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. Mobile: 352.601.6367
  6. 352.601.6367
  7. mariancasteel@yahoo.com