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Single-Tenant Industrial

Sunbelt Rentals - Tallahassee, FL (2022 Build to Suit)

Fortune Blvd, Midway, FL 32343

Listing Price: $2,800,000

Cap Rate
5.57%
Gross SF
10,500
Price/Gross SF
$266.67
Lot Size
4.98 acres
Year Built
2022
Rentable SF
10,500

Investment Overview

Brand New 2022 Build to Suit for Tenant - Quality Construction and Finishes Sunbelt Rentals Specialty Division - Power & HVAC Services Located in the Tallahassee MSA - Capital of Florida | 12th Largest MSA in the State Surrounded by National Industrial Tenants - Situated within the Gadsden 10/90 Commerce Park Steady Population Growth - Tallahassee is a Major City Along the I-10 Corridor Quick Access to Interstate-10 and Hwy 90 - One Minute Commute to Both Roadways

Investment Highlights

  • Corporate Lease with Sunbelt Rentals | LON: AHT - Second Largest Equipment Rental Company in the U.S.
  • 10-Year Lease | Commenced August 1, 2022 - Two Five-Year Options | Minimal LL Responsibilities
  • Buildout Near Completion - Tenant will be Operational Estimated Nov/Dec 2022

Exclusively Listed By

Financing By

Single-Tenant Industrial

Sunbelt Rentals - Tallahassee, FL (2022 Build to Suit)

Listing Price: $2,800,000

Cap Rate
5.57%
Gross SF
10,500
Price/Gross SF
$266.67
Lot Size
4.98 acres
Year Built
2022
Rentable SF
10,500

Investment Highlights

  • Corporate Lease with Sunbelt Rentals | LON: AHT - Second Largest Equipment Rental Company in the U.S.
  • 10-Year Lease | Commenced August 1, 2022 - Two Five-Year Options | Minimal LL Responsibilities
  • Buildout Near Completion - Tenant will be Operational Estimated Nov/Dec 2022

Investment Overview

Brand New 2022 Build to Suit for Tenant - Quality Construction and Finishes Sunbelt Rentals Specialty Division - Power & HVAC Services Located in the Tallahassee MSA - Capital of Florida | 12th Largest MSA in the State Surrounded by National Industrial Tenants - Situated within the Gadsden 10/90 Commerce Park Steady Population Growth - Tallahassee is a Major City Along the I-10 Corridor Quick Access to Interstate-10 and Hwy 90 - One Minute Commute to Both Roadways

Exclusively Listed By

Financing By

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