Commercial
Popeyes Louisiana Kitchen
Tallahassee, FL
Marcus & Millichap
Read the real estate offering memorandum that Marcus & Millichap used in 2018 to pitch a 5.75% cap rate, 2,265 SF drive-thru property investment in Tallahassee, FL. The property offers $150,715 in net operating income and a structure built in 2018, located at 2996 Apalachee Parkway, Tallahassee, FL 32301. Browse 100+ other real estate OM examples from actual transactions.
Price
$2.6M
Cap Rate
5.75%
NOI
$150,715
Property Details
- Address
- 2996 Apalachee Parkway, Tallahassee, FL 32301
- Market
- Tallahassee, FL
- Asset Class
- Commercial
- Property Type
- Drive-Thru
- Building Size
- 2,265 SF
- Year Built
- 2018
- Land Size
- 1.1 acres
- Broker
- Marcus & Millichap
- Year Offered
- 2018
Financial Summary
- Price / Asking Price
- $2.6M
- Cap Rate
- 5.75%
- Net Operating Income
- $150,715
