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$ 12,000,000
Est. payment | /mo
8,122 SqFt
$ 12,000,000
Est. payment | /mo
8,122 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,122 sqft
Price per Sqft $1,477
MLS Listing ID A12120064
HOA Y/N No
Lot Size 2.520 Acres
Property Sub-Type Retail
Property Description
2720 W Tennessee Street offers a completely rebuilt gas station and expansive convenience store with multiple opportunities to generate additional income. The approximately 2.52-acre offering includes a 2.04-acre primary site and a separate 0.48-acre corner parcel along Tallahassee's heavily traveled West Tennessee Street corridor, with nearly 45,000 vehicles passing daily, per seller-provided information.
Completely rebuilt in 2023, the property features fuel pumps, canopy, underground storage tanks, and operating equipment installed during the reconstruction. The approximately 8,122-square-foot building includes more than 7,500 square feet of convenience-store space, providing substantial capacity for merchandise, foodservice, and complementary uses. Modern improvements and minimal reported deferred maintenance allow a buyer to focus on operations and growth. Additional upside includes the potential to adapt a portion of the convenience store for a drive-thru concept or reconfigure part of the site for a car wash, subject to feasibility and required approvals. The separate corner parcel presents an opportunity to pursue a national-tenant ground lease and create an additional income stream. Delivered without a fuel supply agreement, the property offers a new owner flexibility to select a supplier and negotiate purchasing terms.
Completely rebuilt in 2023, the property features fuel pumps, canopy, underground storage tanks, and operating equipment installed during the reconstruction. The approximately 8,122-square-foot building includes more than 7,500 square feet of convenience-store space, providing substantial capacity for merchandise, foodservice, and complementary uses. Modern improvements and minimal reported deferred maintenance allow a buyer to focus on operations and growth. Additional upside includes the potential to adapt a portion of the convenience store for a drive-thru concept or reconfigure part of the site for a car wash, subject to feasibility and required approvals. The separate corner parcel presents an opportunity to pursue a national-tenant ground lease and create an additional income stream. Delivered without a fuel supply agreement, the property offers a new owner flexibility to select a supplier and negotiate purchasing terms.
Location
State FL
County Leon
Area 5940 Florida Other
Exterior
Private Pool Yes
Others
Listed by Fausto Commercial Realty Consultants Inc
NEARBY SCHOOL & BUSINESS