Mobile retail store, Tallahassee, USA

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Mobile retail store, Tallahassee, USA

$2,484,000
$6,536 /m²
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  • Total area
    380 m²
  • Yield
    6.0%
  • Built in 
    2013
Details
Property parameters
  • Land area: 2,630 m²
  • 1-floor building
Financial performance
  • Annual income: $121,833
Tenants
  • Fully let

The one-storey building with retail units.

Description

Total area of the property is 380 m².

The plot size is 2,630 m².

The property was built in 2013.

Building Class B.

Financial performance

The cost of the property is 2,483,900 $.

Absolute annual income is 149,034 $.

The current yield of 6.0%.

Tenants

The lease agreement is signed for 10 years (5 years left).

The tenant is the mobile operator. The annual turnover of the company exceeds $ 30 billion.

Location and nearby infrastructure

The property is located near the Florida State University Campus and the Florida State University Medical School. Public transport stops and numerous cafes and restaurants are situated in a walking distance from the building.

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