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SINGLE_FAMILY - Tallahassee, FL

Income-producing office investment with strong in-place tenancy. Units 1740 and 1742 Thomasville Road are leased with reliable tenants currently in month 3 of a 48-month lease, providing immediate and stable cash flow. Cap rate begins in the 7.5% range in year one, increasing to nearly 8.1% by year four. Recent improvements include a newer roof and HVAC, while the tenant covers utilities and interior repairs/maintenance, keeping owner expenses low. A solid opportunity for investors seeking stable returns with built-in income growth.

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Source:First Street

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Source: ListHub, MLS# 396874
Listing status: Pending
Listing last updated: May 8, 2026 at 4:36 PM
Listing last checked: May 8, 2026 at 4:30 PM
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