1719 W Tennessee St Tallahassee, FL 32308
NNN lease with rental increases near Florida State University.
Property size:
7,128 SFLot size:
0.44 AcresProperty Features for 1719 W Tennessee St
General Information
- Size
- 7,128 SF
- Lot size
- 0.44 Acres
Source:
Moodyscre
Listing Agent: Ari Ravi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
NNN Lease Near Florida State
This property features an absolute NNN lease with 7.5 years remaining and three 5-year options to extend. The initial term and option periods include +2% annual rental increases. The long-term absolute NNN lease provides a management-free investment in a state with no state income tax. The tenant for the lease is associated with 12 Florida locations. The lease is additionally guaranteed by Green Ops Ocala LLC, the entity associated with Jungle Boys’ grow facility in Ocala, FL. The property is located 0.25 miles from Florida State University, which has over 40,000 students enrolled. The property is located within a 1-mile radius of a population of 30,121. The property has a size of 7,128 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.3100692
- Latitude
- 30.448642
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FAQs
What type of property is this?
Retail space - NNN lease with rental increases near Florida State University.
Where is this retail space located?
The property is located at 1719 W Tennessee St Tallahassee, FL.
What is the asking price?
The asking price for this property is $3,864,343.
What are key features of this property?
This property features: - Long-term absolute NNN lease with 7.5 years remaining and three 5-year options, offering a management-free investment.; - Enjoy +2% annual rental increases throughout the initial term and option periods.; - Lease guaranteed by Green Ops Ocala LLC, associated with Jungle Boys' grow facility.