323 John Knox Road

Office for Sale
Catylist Listing ID: 30624159
Property Subtypes: Office Building
Building Size (RSF): 55,645 SF
Gross Building Area: See Agent
Sale Price: $7,000,000
Unit Price: $125.80 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2020

Overview / Comments

NAI TALCOR is pleased to offer this stabilized, multi-tenant office investment. The Atrium is well positioned within the Woodcrest Office Park, centrally located within Tallahassee’s MSA. The building is current 98% occupied with over 55,645 rentable square feet. It is home to the State Department of Financial Services and the State Fire Marshall office, making the Atrium a desirable long-term asset in any investor's portfolio. The building is located adjacent to the newly renovated Centre of Tallahassee which is home to approximately 1,800 state employees within three branches (DOH, DCF and DOE). Amenities in the area include a public aquatic center (Trousdell Aquatic Center seen in the photo across John Knox), an Urban Food Court located in the adjacent mall, various QSR’s and national retailers.

98% Occupied
DFS Long Term Lease | Expires 2034
Strong Submarket
Below Replacement Cost
Ample Area Amenities
Excellent Physical Condition

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 2124200290000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,794 104,014 176,805
Median Age: 32.82 30.31 31.43
Households: 5,733 44,127 73,796
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