1875 N Monroe St - Freestanding FOR SALE


Tallahassee, FL 32303- Northwest Tallahassee
$3,595,000 USD
850-570-5579
1875 N Monroe St, Tallahassee, FL for Sale
$3,595,000 USD
Freestanding - FOR SALE
1/10
null | 4.5% Cap Rate

1875 N Monroe St
Tallahassee, FL 32303
Northwest Tallahassee


HIGHLIGHTS

  • Modern single-story construction delivered in 2018 with high-end finishes.
  • Located on a high-traffic commercial corridor with strong surrounding businesses.
  • Easy access to Downtown Tallahassee, major state offices, and local government projects.
  • Approximately 29 on-site parking spaces support customer convenience and tenant success.

OVERVIEW

Recently Constructed in 2018 built to suit with high end finishes specific to current tenants. This Roughly 5500 Square foot retail building fronting the busy Monroe Street corridor is located nearby the Northwood Center development which includes the new Tallahassee Police Department and other intergovernmental projects. Consistent operational history with recently renewed long term tenant leases with rental increases at extension options. Great investment opportunity with great local tenants with solid income history.

FOR SALE DETAILS

PRICE

$3,595,000 USD

PRICE/SF

$654 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Monroe St Corridor Tallahassee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C-2

APN/PARCEL ID

21-24-20-462-000.0

ASK ABOUT THIS PROPERTY

Blair LaPeteSuperior Realty GroupMore Info
850-570-5579

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Blair LaPeteSuperior Realty GroupMore Info
850-570-5579

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