Rehold

1415 Timberlane Rd, Tallahassee, FL 32312

71,782 SF | 100% Leased | Retail Building | Tallahassee, FL 32312 | $28,049,000 ($391/SF) | 8% Cap Rate

Asking Price $28,049,000

Property Type: Retail, Restaurant
Square Feet: 71,782 SF
Price / Square Foot: $391

Listing Contacts

Alvin Mansour

Jon Talia

Property Overview

REI Anchored Shopping Center | Tallahassee | NNN Leases | Newly Renovated | Within the High-Traffic Market Street District of Tallahassee | Strong Demographics - Densely Populated & Affluent Area | Near Florida State University
Florida Broker of Record: Ryan Nee | License: # BK3154667 | Marcus & Millichap Real Estate Investment Services of Florida, Inc.

Property Details

Class: B
Year Built: 2022
Stories: 1
Property Subtype: Freestanding, Storefront
Lot Size (sq. ft): 456,509 SF

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.

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