Catylist ID:
#30469469
NE Tallahassee Office Opportunity
Office
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30469469 |
| Property Subtypes: | Office Building |
| Status: | Pending/Contingent |
| Building Size (RSF): | 20,912 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,600,000 |
| Unit Price: | $76.51 PSF |
| Property Use Type: | Investment |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/15/2021 |
Overview / Comments
|
Office Investment or Owner Occupant Opportunity in prestigious professional office park within Tallahassee's most desirable locations. Building interior is in great condition and has been well maintained during the current owner occupant's tenancy with some floors renovated in 2018. Will provide stable cash flow with great unit sizes. All leases are Full Service. • $1,600,000 | $76.51 PSF • Well Below Replacement Cost • Below Market Rents | Avg. Rent $14 PSF • Full Service Lease Structure • Current Owner/Occupant can stay or vacate (~8,000 SF) • Desirable Location Along Thomasville Road in NE Tallahassee. • Ample Private Parking |
Attachments & Media
Additional Details
| Nearest MSA: | Tallahassee |
| County: | Leon |
| Taxing Authority: | Leon County |
| Tax ID/APN: | 110825 A0090 |
| Zoning: | OR-3 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,562 | 57,216 | 151,697 |
| Median Age: | 41.4 | 39.64 | 33.28 |
| Households: | 3,676 | 25,543 | 63,475 |
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