Address: 5067 Tennessee Capital Boulevard, TALLAHASSEE, FL 32303
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.
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.
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
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