Office•Office Building•For Sale
NE Tallahassee Fully Leased Investment Opportunity
1425 Piedmont Drive, Tallahassee, Florida 32308
100% Occupied Office Investment Opportunity in prestigious professional office park. Building is in great condition and has been well maintained during the current owner occupant's tenancy with some floors renovated in 2018. Will provide stable cash flow with great unit sizes. All leases are Full Service.
Located along Thomasville Road in the Piedmont Drive office park. Just 2 minutes from I-10 and 5 minutes from Midtown.
- In-Place Cap Rate 7.90%
- Average Term is 3.4 Years
- Full Service Lease Structure
- Current Owner/Occupant Will Sign New 5-Year Lease (39% GLA)
- Desirable Location Along Thomasville Road in NE Tallahassee.
8/6/2019 9:08:30 PM
11/7/2019 9:39:05 PM