Avis & Budget NNN
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For Sale
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3108 W Tennessee St, Tallahassee, FL 32304
Renovated in 2024, the property is leased on a NNN basis with approximately five years remaining.
Property Size820 SF
Price / SF$1,580
Days on Market2
Property Features for 3108 W Tennessee St
General Information
Standard status
Active
Size
820 SF
Property subtype
RETAIL
Additional Details
Cap Rate
6.65%
Building Details
Year Renovated
2024
Tenancy
Single
Listing Agency:
Premier Commercial Group, LLC
(850) 205-5201
Listed By:
Sean Feheley
(305) 609-8698
Source:
Moodyscre
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 1:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Group, LLC
Investment Insights
Based on property information with market context.
At 3108 W Tennessee St in Tallahassee, this 820-square-foot property is occupied by Avis & Budget. Renovations were completed in 2024, and the NNN lease has approximately five years remaining.
The property fronts W Tennessee St. Its stabilized NOI is associated with a 6.65% cap rate.
The property fronts W Tennessee St. Its stabilized NOI is associated with a 6.65% cap rate.
Key Highlights
- Avis & Budget is the tenant
- 820‑square‑foot property renovated in 2024
- Approximately 5 years remaining on a NNN lease
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 29%
Dunkin' Donuts
Dining
8,277 visits/mo
0.2 miles
Dollar General
Shops & Services
7,379 visits/mo
0.4 miles
Family Dollar
Shops & Services
4,469 visits/mo
0.2 miles
Sunoco
Shops & Services
3,449 visits/mo
0.1 miles
CarMax
Shops & Services
2,295 visits/mo
0.4 miles
Demographics for 32304, FL
50,007
Population
23,296
Households
2.1
Avg Household Size
25
Median Age
36%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
3,290
Density / Sq Mi
$30,823
Median Household Income
$14,475
Median Earnings
$1,132
Median Rent
$147,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Renovated in 2024, the property is leased on a NNN basis with approximately five years remaining.
Where is this nnn property located?
The property is located at 3108 W Tennessee St Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,296,000.
What are key features of this property?
This property features: Avis & Budget is the tenant; 820‑square‑foot property renovated in 2024; Approximately 5 years remaining on a NNN lease
