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Prime Retail Space in Tallahassee
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1016 S Magnolia Dr, Tallahassee, FL 32301

Spacious retail space in a vibrant, convenient Tallahassee location.

Space Size875 SF - 2,546 SF
Property Size10,305 SF
Days on Market631

Property Features for 1016 S Magnolia Dr

General Information

Standard status Active
Size 875 SF - 2,546 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 10,305 SF
Year Built 1964
Tenancy Multiple

Spaces For Lease

at 1016 S Magnolia Dr Contact us

1020 S Magnolia Dr. | Former C-Store

Size
2,546 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1024 S Magnolia Dr. | Former Tax Prepare

Size
973 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1010 S Magnolia Dr | Former Beauty Salon

Size
1,175 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1012 S Magnolia Dr. | Former Alterations

Size
875 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1108 S Magnolia St Restaurant

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Bay City Realty
Listed By: Mehdi Moeini, CCIM, CPM, MiCP · License #Florida BK3464565
Source: Crexi
Added: Nov 20, 2024 Changed: Aug 9 Last Checked: Aug 11 at 5:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bay City Realty

Investment Insights

Based on property information with market context.

This retail space is located in a shopping strip center in Tallahassee, Florida. The interior is spacious and ready for transformation, offering possibilities for customization to create an ideal workspace. The location provides visibility and accessibility. The property is centrally located with hotels, restaurants, and shopping options within a mile radius. Downtown Tallahassee is one mile away, offering parks, boutique hotels, dining, museums, arts, and music. Florida State University and College Town are less than 10 minutes away. This location is suitable for any retail business.

Key Highlights

  • Prime central location in Tallahassee offering high visibility and accessibility.
  • Just 1 mile to Downtown Tallahassee's amenities including parks, dining, museums, arts, and music.
  • Located in a shopping strip center near hotels, restaurants, and shopping.

Property Analytics

Current Use

Stylish Shears Barber Shop

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,124
Businesses Nearby
267k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Apparel 18% Home Improvements & Furnishings 13% Shops & Services 11%
Olive Garden Dining
32,603 visits/mo 0.3 miles
Ross Dress for Less Apparel
31,683 visits/mo 0.2 miles
McDonald's Dining
26,436 visits/mo 0.4 miles
World Market Home Improvements & Furnishings
21,453 visits/mo 0.4 miles
Starbucks Dining
20,074 visits/mo 0.4 miles

Demographics for 32301, FL

29,686
Population
17,029
Households
1.7
Avg Household Size
32
Median Age
45%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
2,910
Density / Sq Mi
$50,412
Median Household Income
$34,271
Median Earnings
$1,200
Median Rent
$211,900
Median Home Value

Market

Lease Benchmarks for Tallahassee, FL

$19.5 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
18,855 SF
Avg Space Size

This space is priced 3% above the average of $19.5 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Spacious retail space in a vibrant, convenient Tallahassee location.
Where is this retail space located?
The property is located at 1016 S Magnolia Dr Tallahassee, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime central location in Tallahassee offering high visibility and accessibility.; Just 1 mile to Downtown Tallahassee's amenities including parks, dining, museums, arts, and music.; Located in a shopping strip center near hotels, restaurants, and shopping.
(850) 380-0877 Call to check price and availability
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