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University-Area Retail Portfolio
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1801 West Tennessee Street, Tallahassee, FL 32304

Five retail properties totaling 57,018 SF on about 3.39 acres are leased to multiple national tenants.

Property Size57,018 SF
Lot Size3.39 Acres
Days on Market129

Property Features for 1801 West Tennessee Street

General Information

Standard status Active
Size 57,018 SF
Lot size 3.39 Acres
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 10 Changed: Aug 15 Last Checked: Aug 14 at 7:42AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The Campus Retail Portfolio consists of five retail properties across four states, totaling 57,018 square feet of building space on approximately 3.39 acres of land. The portfolio is currently occupied by a mix of tenants including Starbucks, Potbelly, Chipotle, Panera, FedEx Office, Jersey Mikes, Verizon, and Noodles & Company, along with The University of Indiana.

The properties are positioned within immediate proximity to the campuses of five major public universities: University of Central Florida, Indiana University, University of Illinois, Florida State University, and New Mexico University. The combined enrollment across the five universities is reported at more than 226,000 students.

As presented, the current annual rent for the entire portfolio is $1,474,816.

Key Highlights

  • Campus retail portfolio with 5 properties and 57,018 SF of building space on about 3.39 acres
  • Current annual rent for the entire portfolio is $1,474,816
  • Tenants include Starbucks, Chipotle, Panera, Verizon, and FedEx Office, plus other national operators

Property Analytics

Current Use

Campus Circle Vacation Rental Chipotle Mexican Grill Restaurant Jersey Mike's Subs Take-out & Catering 5 Star Nutrition ... (Bike/Boat/Book/etc) Store Varsity Place Shopping Center & Mall

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Real Estate Agency Skin Care Clinic Accounting Firm

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

902
Businesses Nearby
492k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Groceries 15% Shops & Services 12% Superstores 10%
Publix Groceries
69,624 visits/mo 0.5 miles
Target Superstores
48,482 visits/mo 0.1 miles
Raising Cane's Chicken Fingers Dining
38,442 visits/mo 0.1 miles
Chick-fil-A Dining
28,997 visits/mo 0.2 miles
Chick-fil-A Dining
28,116 visits/mo 0.1 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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Five retail properties totaling 57,018 SF on about 3.39 acres are leased to multiple national tenants.
Where is this retail space located?
The property is located at 1801 West Tennessee Street Tallahassee, FL.
What are key features of this property?
This property features: Campus retail portfolio with 5 properties and 57,018 SF of building space on about 3.39 acres; Current annual rent for the entire portfolio is $1,474,816; Tenants include Starbucks, Chipotle, Panera, Verizon, and FedEx Office, plus other national operators
(332) 345-4222 Call to check price and availability
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