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1415 Timberlane Rd
Tallahassee, FL 32312

$31,800,000 USD

Freestanding For Sale  •  22,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 81,082 SF
  • Lot Size 10.48 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 8.00 %
  • Tenancy Multiple
  • Zoning AC
25 Transit Score
57 Walk Score

Highlights

REI Anchored Shopping Center with Synergistic Mix of Regional and National Tenants.
The Center is Conveniently Located in the Frequented “Market Street District” of Tallahassee Which Boasts a Premiere Regional Presence.
Market Square will be the Prime Location for Retail, Dining and Entertainment.
Existing Center Underwent complete Re-development Plus New Building Construction for REI & Connors Each occupied tenant during re-development.
Densely Populated Affluent Area: Average Household Income of $100k+ w/in a 3-Mile Radius and over 123k People Residing w/in a 5-Mile Radius.
This Center is in the Strongest Demographic Area of the Tallahassee Market With Excellent Ease of Access and Visibility.
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
REI 81,082 SF

Public Transportation

AirportDriveWalkDistance
Tallahassee International 21 min - 13.6 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap