John Knox Executive Office Investment Opportunity
Office
for Sale
| Catylist Listing ID: |
30567856 |
| Property Subtypes: |
Executive Suites, Office Building
|
| Building Size (RSF): |
9,082 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.58 Acres
|
| Sale Price: |
$1,350,000 |
| Unit Price: |
$148.65 PSF |
| Property Use Type: |
Investment |
| Building Name: |
John Knox Executive Office |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/28/2023 |
Overview / Comments
|
Located directly on John Knox Road and across the street from Centre of Tallahassee and the 2,000 incoming State of Florida employees, this executive office is situated in between the growing Midtown Tallahassee submarket and US-27 commercial corridors connecting Interstate 10 and Downtown Tallahassee. The City of Tallahassee' Northwood Centre 30-acre re-development is less than 1/2 mile away which will include the future Tallahassee Police Department HQ. The executive office is a perfect investment of stable cash flows, divers tenant mix with historical occupancy above 90%. An owner/user could utilize office as an investment if it determine to occupy a portion of the space and keep existing leases intact.
|
Additional Details
| Nearest MSA: |
Tallahassee |
| County: |
Leon |
| Tax ID/APN: |
2124200710000 |
| Zoning: |
PUD-11 |
| Property Located Between: |
Meridian Road and US-27 |
| Property Visibility: |
Excellent |
| Highway Access: |
I-10 less than 1 mile |
| Airports: |
9.8 Miles - 20 min drive to TIA |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
4,500 SF |
| Year Built: |
2001 |
| Roof Type: |
Gable |
| Parking Ratio: |
4 (per 1000 SF) |
| Parking Type: |
Surface |
| Total Parking Spaces: |
38 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,088 |
100,968 |
177,782 |
| Median Age: |
34.74 |
30.73 |
31.66 |
| Households: |
4,685 |
42,965 |
74,275 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Tallahassee Board of REALTORS nor
Moody's assume any liability for errors or omissions.
|
