Miscellaneous
The Vitamin Shoppe
1313 Apalachee Pkwy, Tallahassee, FL 32301
Listing Price: $1,621,000
Investment Overview
Marcus & Millichap is pleased to present The Vitamin Shoppe, a rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the market of Tallahassee, FL. This unique investment opportunity ideally positioned in a very strong retail dense location seeing over 40,000 cars per day. The subject property is located in an A+ location immediately surrounded by the State Capitol and Florida State University, which along with other surrounding Universities provides a student base of more than 68,000 students and a strong built-in customer base. With over 12 years remaining on the Ground Lease with four 10-year options, this provides a significant runway to perpetuate the corporate Vitamin Shoppe income stream.
The Vitamin Shoppe
Investment Highlights
- Positive Projected Population Growth and Income Growth within 1, 3, and 5 Miles
- Corporate Vitamin Shoppe Guarantee
- Very Strong Retail Dense Location surrounded by many National Retailers such as Best Buy, Olive Garden, DSW, CVS, ROSS Dress for Less, Publix, Bealls, Walgreens, and many more.
- A+ Location immediately by the State Capitol and Florida State University, which along with other surrounding Universities provides a student base of more than 68,000 students and a strong built in customer base.
- Income Tax Free State of Florida
- Over 12 years remaining on the Ground Lease with Four 10-year Options providing significant runway to perpetuate the corporate Vitamin Shoppe income stream
Exclusively Listed By
Listing Price: $1,621,000
Investment Highlights
- Positive Projected Population Growth and Income Growth within 1, 3, and 5 Miles
- Corporate Vitamin Shoppe Guarantee
- Very Strong Retail Dense Location surrounded by many National Retailers such as Best Buy, Olive Garden, DSW, CVS, ROSS Dress for Less, Publix, Bealls, Walgreens, and many more.
- A+ Location immediately by the State Capitol and Florida State University, which along with other surrounding Universities provides a student base of more than 68,000 students and a strong built in customer base.
- Income Tax Free State of Florida
- Over 12 years remaining on the Ground Lease with Four 10-year Options providing significant runway to perpetuate the corporate Vitamin Shoppe income stream
Investment Overview
Marcus & Millichap is pleased to present The Vitamin Shoppe, a rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the market of Tallahassee, FL. This unique investment opportunity ideally positioned in a very strong retail dense location seeing over 40,000 cars per day. The subject property is located in an A+ location immediately surrounded by the State Capitol and Florida State University, which along with other surrounding Universities provides a student base of more than 68,000 students and a strong built-in customer base. With over 12 years remaining on the Ground Lease with four 10-year options, this provides a significant runway to perpetuate the corporate Vitamin Shoppe income stream.
Exclusively Listed By
