Monroe Street Retail Building

Retail-Commercial for Sale
Catylist Listing ID: 30775269
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 5,700 SF
Gross Land Area: 0.59 Acres
Sale Price: $2,850,000
Unit Price: $500 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Monroe St Building for Sale
Usable Size (USF): 5,700 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 1/13/2022

Overview / Comments

Seller Leaseback: Guaranteed 1 year income on empty space
Current Tenant Info
Suite #1 Vacant (3,900 SF)
Suite #2 AT&T Cellular Store (1,800 SF)
Rent $6,405 p/month
4.5 years remaining on current lease
5 years extension

Traffic Counts: North Monroe St 38K daily
I-10 68K daily - details here
Commercial Trade Area Report - here
Walking distance to Centre of Tallahassee
Located on North Monroe near many retailers, businesses, state employee buildings
Quick & easy access to I-10/N Monroe interchange
2615 N Monroe St, Tallahassee

Additional Details

Nearest MSA: Tallahassee
County: Leon
Submarket Type: Central Business District
Taxing Authority: Leon
Tax ID/APN: 2123200260000
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention
Property Located Between: Allen Rd & Sharer Rd
Property Visibility: Excellent
Largest Nearby Street: Hwy 27 / N Monroe St
Traffic/Vehicle Count: 38,000
Highway Access: I-10 quick easy access
Airports: Tallahassee International Airport
Area Description: NW Tallahassee, just south of the I-10 / N Monroe exit
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,700 SF
Property Condition: Excellent
Year Built: 2015
Roof Type: Flat
Total Parking Spaces: 27
Parking Type: Surface
Zoning Description: High Intensity Activity Center District
Water Service: Municipal
Easements: Ingress/Egress
Easements Description: Driveway
Land Ownership: Fee Simple

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,052 93,150 168,935
Median Age: 30 29.46 30.91
Households: 4,025 38,435 70,314


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Tallahassee Board of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.