N Monroe St Investment Property

Office for Sale
Also listed as Industrial
Catylist Listing ID: 30855888
Property Subtypes: Coworking, High-Tech, Mixed Use, Flex Space, Office Building
Building Size (RSF): 14,500 SF
Gross Land Area: 1.85 Acres
Sale Price: $1,595,000
Unit Price: $110 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Sale Terms: Other
Cap Rate: 7.84%
Last Updated: 2/19/2024

Overview / Comments

Class A Office/Warehouse Building on N Monroe St (US 27). First floor is comprised of 14 offices, 2 break areas, 4200 square feet of conditioned warehouse space, 3200 square feet of open fabrication space. Upstairs features 3400 square feet of open storage and a 1500 square foot well appointed apartment. Well built, in excellent condition. 208/120 and 408/277 3 phase electrical panels. Traffic count 30,000 vpd
Credit Tenant is in place through June 2026. Ideal for e commerce, distribution, light manufacturing or fabrication.

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 2104510000060
Zoning: C-2
Property Visibility: Excellent
Highway Access: US 27
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2005
Parking Ratio: 2.2 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 32
Zoning Description: C-2 Zoning. Flexible commercial zoning.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,510 37,532 114,873
Median Age: 34.95 32.07 30.71
Households: 3,351 15,485 46,628

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