1321 Executive Center Dr - Office/Residential FOR SALE


Tallahassee, FL 32301- Governors Square
$5,750,000 USD
850-228-6690
1321 Executive Center Dr, Tallahassee, FL for Sale
$5,750,000 USD
Office/Residential - FOR SALE
1/17
null | 14.67% Cap Rate

1321 Executive Center Dr
Tallahassee, FL 32301
Governors Square


HIGHLIGHTS

  • Full Building Generator
  • 8/12 New HVAC Units
  • Fully Renovated Inside, New Landscaping

OVERVIEW

For Sale! Fully Leased Property that was completely renovated in 2024/2025. Current tenant in 11,922 RSF will sign new lease through 3/2031. GSA Tenant leasing 35,617 RSF through 4/2027. Whole Building Generator Extensive Parking

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

14.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tallahassee Wellplex

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

undefined, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

180

LAND DETAILS

LAND ACRES

2.98 AC

LAND SF

129,809 SF

ZONING

AC

APN/PARCEL ID

31-04-40-00B-002.0

ASK ABOUT THIS PROPERTY

Whitney EubanksSTRUCTURE Commercial Real EstateMore Info
850-228-6690

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Whitney EubanksSTRUCTURE Commercial Real EstateMore Info
850-228-6690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.