SUBWAY - NN Leased Investment Opportunity

1962 W Tennessee St Tallahassee, FL 32304

1962 W Tennessee St, Tallahassee, FL, 32304
1962 W Tennessee St, Tallahassee, FL, 32304
FOR SALE
Property Type:
Street Retail
Amount:
$900,000
Last Verified:
Feb 07, 2024

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Highlights

  • Free Standing with Drive Through
  • • 15 onsite parking spaces
  • • Strong night business; until 2AM
  • • NN Leased Asset
  • • Store Owner is also Manager

Description

SUBWAY NN LEASED INVESTMENT OPPORTUNITY IN TALLAHASSEE, FL.
1962 W TENNESSEE STREET, TALLAHASSEE, FL 32304

• Walking distance from
Florida State University
• Two points of ingress/egress • Great visibility from Tennessee St. • Shared parking with adjacent
shopping center
• 52,000+ Vehicles Per Day (VPD)


Year Built: 1979
Building Size: 1682sq ft
Lot Size: 0.07 acres


Documents

1962 W TENNESSEE STREET TALLAHASEE - v2 (1) (1).pdf

Map of 1962 W Tennessee St, Tallahassee, FL, 32304

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.