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Retail Space Near Florida State
For Lease
$25 SF/Yr

1111 W Gaines Street, Tallahassee, FL 32304

Retail spaces available in mixed-use student housing development.

Space SizeContact for details
Days on Market177

Property Features for 1111 W Gaines Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: NAI TALCOR
Listed By: Peter Gonzalez, Jr. · License #3064954
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 29 at 7:08AM

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 NAI TALCOR

Investment Insights

Based on property information with market context.

Retail spaces are available for rent in "Perla," a new 618-bed mixed-use student housing development under construction, with expected delivery by May/June 2026. The property is situated in Tallahassee, Florida, across from Florida State University and Doak Campbell Stadium, in the Collegetown District. It is also located a few blocks from downtown and Florida's State Capitol. The retail spaces range from 750 square feet up to 11,900 square feet. The location benefits from proximity to approximately 65,400 college students in Tallahassee and approximately 21,922 beds within a 1-mile radius. The property features approximately 60 customer parking spaces and is new construction.

Key Highlights

  • Prime retail location in Tallahassee's Collegetown district.
  • Located across the street from Florida State University and Doak Campbell Stadium, guaranteeing high foot traffic.
  • Part of "Perla," a new 618‑bed mixed‑use student housing development.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,176
Businesses Nearby
87k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 36% Hotels & Casinos 11% Apparel 3%
Whataburger Dining
17,428 visits/mo 0.2 miles
Circle K Shops & Services
11,795 visits/mo 0.2 miles
Checkers Dining
11,325 visits/mo 0.1 miles
Circle K Shops & Services
11,028 visits/mo 0.3 miles
Hotel Indigo Hotels & Casinos
9,613 visits/mo 0.3 miles

Demographics for 32304, FL

50,007
Population
23,296
Households
2.1
Avg Household Size
25
Median Age
36%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
3,290
Density / Sq Mi
$30,823
Median Household Income
$14,475
Median Earnings
$1,132
Median Rent
$147,000
Median Home Value

Market

Lease Benchmarks for Tallahassee, FL

$18.83 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
21,539 SF
Avg Space Size

This space is priced 33% above the average of $18.83 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available in mixed-use student housing development.
Where is this retail space located?
The property is located at 1111 W Gaines Street Tallahassee, FL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime retail location in Tallahassee's Collegetown district.; Located across the street from Florida State University and Doak Campbell Stadium, guaranteeing high foot traffic.; Part of "Perla," a new 618‑bed mixed‑use student housing development.
More about this property
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