Great Deal on Mahan Corridor Office

Office for Sale
Catylist Listing ID: 30744720
Property Subtypes: Office Building
Building Size (RSF): 21,000 SF
Gross Building Area: See Agent
Sale Price: $1,099,000
Unit Price: $52.33 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/4/2021

Overview / Comments

1580 Waldo Palmer Lane is a well positioned 2 Story office building located on the rapidly growing East Mahan Drive corridor. The building is comprised of 21,000 sq. ft. of office space which can be divided. The steel clear span structural framing allows for easy adaption to just about any floor plan layout and a variety of alternative uses such as religious and indoor recreation facilities. The current build out features a combination of offices, conference rooms, break rooms, lobby style bathrooms, elevator, and much more. The property has 69 Parking Spaces with the potential to expand To 93 parking spaces. The property is accessed from Mahan Drive at a full median cut location. The space was designed to be easily occupied by up to four separate users or a single user. The building’s location gives it proximity to many of the newest residential subdivisions, restaurants, and retailers. Please see attached offering brochure for more information including floor plan.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 1128650000010

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,941 59,221 146,111
Median Age: 33.01 36.04 33.27
Households: 4,902 27,786 60,420


Photograph of Listing Agent

Jeff Billingsley

Craig Commercial Realty Member
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