1449 E Lafayette St Tallahassee, FL 32301
3,400 SF retail building with high visibility and parking.
Property Features for 1449 E Lafayette St
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Property subtype
- RETAIL
Listing office NAI TALCOR | Tallahassee (850) 545-5649
Listing date May 15, 2026
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- High traffic location
- Freestanding retail building
- Great visibility with signage
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.0k | $15.00 |
| − Vacancy | −$3.8k | −$1.13 |
| EGI | $47.2k | $13.88 |
| − OpEx | −$14.2k | −$4.16 |
| NOI | $33.0k | $9.71 |