The Vitamin Shoppe

1313 Apalachee Parkway | Tallahassee, Florida 32301

James Medefind
Senior Vice President Investments
James.Medefind@MarcusMillichap.com

(O) 813-387-4788
FL #SL3216834

• Positive Projected Population Growth and Income Growth within 1, 3, and 5 Mile

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• 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.

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• 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.

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• Income Tax Free State of Florida

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• Over 12 years remaining on the Ground Lease with Four 10-year Options providing significant runway to perpetuate the corporate Vitamin Shoppe income stream

​Description

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.

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