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    540 West Brevard Street Tallahassee, FL 32301 Tallahassee, FL 32301

    Sponsored
    For Lease
    $10 SF/Yr ($6,468 /Mo)

    Family Dollar Store - Frenchtown District

    Lot size:
    7,762 SF

    Description

    Added:
    Jan 23, 2025
    Days on Market:
    353
    This exceptional 7,762 square foot retail property, located at 540 West Brevard Street in Tallahassee, Florida, 32301, presents a unique investment opportunity. Currently occupied by a Family Dollar Store, this building enjoys a prominent position within the vibrant Frenchtown Retail District, offering excellent visibility and accessibility. Built in 2004, the property boasts ample on-site parking, ensuring convenient access for customers. The strong street signage further enhances visibility and brand recognition. This location benefits from high foot traffic and a well-established customer base. A minimum lease term of 5 to 10 years is available, providing long-term stability for investors. The property's annual lease rate is $10 per square foot. This turnkey retail space is ideal for a variety of businesses seeking a high-traffic location in a thriving Tallahassee neighborhood. The property is ready for immediate occupancy. Serious inquiries only.

    Property Features for 540 West Brevard Street Tallahassee, FL 32301

    General Information

    Property type
    Other retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,762 SF
    Elevators
    N/A
    Total Rate
    6468.33

    Building Details

    Year Built
    2004

    HighLights

    • Prime Frenchtown location, strong retail district.
    • Ample parking available on‑site.
    • 7,762 square foot building, built in 2004, excellent signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Tallahassee
    State
    Florida

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    FAQs

    What type of property is this?
    Other retail property - Family Dollar Store - Frenchtown District
    Where is this other retail property located?
    The property is located at 540 West Brevard Street Tallahassee, FL 32301 Tallahassee, FL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Prime Frenchtown location, strong retail district.; Ample parking available on-site.; 7,762 square foot building, built in 2004, excellent signage.
    (850) 224-2300
    Request Owner's contact information
    540 West Brevard Street Tallahassee, FL 32301 Tallahassee, FL 32301
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    540 West Brevard Street Tallahassee, FL 32301
    Tallahassee, FL 32301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    540 West Brevard Street Tallahassee, FL 32301 Tallahassee, FL 32301
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