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Fully Equipped Restaurant Space
For Lease
$15 SF/Yr

1231 Apalachee Parkway, Tallahassee, FL 32301

Renovated restaurant space with equipment in place.

Space Size3,979 SF
Days on Market41

Property Features for 1231 Apalachee Parkway

General Information

Standard status Active
Size 3,979 SF
Net Rentable 3,979 SF
Property subtype Retail - Strip

Space & Availability

Available Space 3,979 SF
Contiguous Space 3,979 SF
Space Use Restaurant

Additional Details

Equipment Included Yes

Building Details

Building Size 1 SF
Year Renovated 2015

Spaces For Lease

at 1231 Apalachee Parkway Contact us

19 $15/SF/Yr

Size
3,979 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: NAI TALCOR
Listed By: Jimmy Nystrom Sr.
Source: Commercialcafe
Added: Jul 30 Changed: Sep 8 Last Checked: Sep 7 at 12:21PM

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.

This 3,979 SF restaurant space is fully equipped and was renovated in 2015, providing an established physical setup for restaurant operations.

The property is located in Parkway Village & Center at the corner of Apalachee Pkwy. and Magnolia Dr. Traffic counts are 30,500 on Apalachee Pkwy. and 27,500 on Magnolia Dr., placing the space at a high-volume intersection.

Key Highlights

  • 3,979 SF fully equipped restaurant space
  • Renovated in 2015
  • Located in Parkway Village & Center

Property Analytics

Current Use

Market Liquor (Bike/Boat/Book/etc) Store ATM Machines Bitcoin ... Atm

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,377
Businesses Nearby
541k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Apparel 27% Shops & Services 22% Home Improvements & Furnishings 7%
Marshalls Apparel
49,494 visits/mo 0.4 miles
Michaels Shops & Services
43,776 visits/mo 0.4 miles
JCPenney Apparel
40,729 visits/mo 0.5 miles
Five Below Shops & Services
34,385 visits/mo 0.5 miles
Olive Garden Dining
32,603 visits/mo 0.2 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

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?
Conventional restaurant - Renovated restaurant space with equipment in place.
Where is this conventional restaurant located?
The property is located at 1231 Apalachee Parkway Tallahassee, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 3,979 SF fully equipped restaurant space; Renovated in 2015; Located in Parkway Village & Center
More about this property
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