2345 Apalachee Pkwy

Highlights:

• Excellent Stabilized Asset & Investment
• Four – 5 Year Options
• Double Net Lease (Property Taxes & Insurance)
• 10% Rental Increases Every 5 Years
• 3 Miles From Capitol Building
• 1 Mile From Governor’s Square Mall
• Single Tenant
• Ample Parking (150+ Parking Spaces)
• Prime Retail Location – Former Staples
• 1 Dock Height & 3 Grade Level Roll Up Doors

Description:

This single tenant income producing property, which is leased by Gerber Collision & Glass, is very well maintained, and strategically located at 2345 Apalachee Pkwy, in Tallahassee, Florida. The property, which was formerly a Staples, was renovated in 2018, and converted into a state-of-the-art collision center.

The collision center is approximately 26,000 SF, and sits on 3.44 acres of prime commercial real estate. The property is zoned Commercial Parkway, and located on one of Tallahassee’s major thoroughfares.

There are approximately 950 Gerber Collision & Glass locations in the United States and Canada; which makes them, one of the two largest body shops in the country.

This is a Double Net Lease, with four, 5-year renewal options, and 10% rental increases every 5 years.


This prime commercial property is strategically located on one of Tallahassee's major thoroughfares, with proximity to prominent government offices, Governor's Square Mall, retailers, and the Florida State Capitol.

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