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Prime Tallahassee Retail Location
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1700 North Monroe Street, Tallahassee, FL 32303

Central location with high traffic and established tenants.

Space Size90,322 SF
Days on Market2769

Property Features for 1700 North Monroe Street

General Information

Standard status Active
Size 90,322 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 90,322 SF
Year Built 2002
Tenancy Single

Spaces For Lease

at 1700 North Monroe Street Contact us

Lake Ella Plaza Publix Shopping Center

Size
90,322 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Structure Commercial Real Estate Services
Listed By: Brenda Francis · License #FL BK3003065
Source: Crexi
Added: Jan 30, 2019 Changed: Aug 27 Last Checked: Aug 28 at 10:06PM

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 Structure Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Located in a central and popular area of Tallahassee, this property is anchored by a high-performing Publix store. Other tenants include UPS, H&R Block, an Army and Navy Recruitment Center, Siam Sushi, Empire Chinese Restaurant, Market Liquors, Anytime Fitness, Midtown Kava coffee shop, and Country Nail Salon. The location offers convenient access to colleges such as FSU, FAMU, and TSC, as well as government offices, private sector offices, residential areas, retail establishments, and restaurants. Suites of 3000 SF and 900 SF are available. The property features frontage on N Monroe Street, also known as US 27, a major thoroughfare with an average annual daily traffic (AADT) count of 37,588. It also has frontage on Tharpe Street and Martin Luther King Boulevard, both heavily traveled roads. Lake Ella Plaza has a history of low tenant turnover and long-term tenants.

Key Highlights

  • Central and popular location in Tallahassee with high foot traffic.
  • Anchored by a Top Producing Publix store.
  • Frontage on N Monroe (US 27) with 37,588 AADT.

Property Analytics

Current Use

Anytime Fitness Gym & Fitness Center The UPS Store Courier Service Kent Development LLC Construction Company Adept Technologies (Bike/Boat/Book/etc) Store Midtown Kava Lounge Cafe & Coffee Shop

Suggested Use

Top Pick Dental Office HVAC Service Auto Parts Store Grocery & Convenience Store Home Appliance 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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,139
Businesses Nearby
175k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Groceries 34% Shops & Services 21% Electronics 2%
Publix Groceries
59,386 visits/mo 0.1 miles
McDonald's Dining
30,556 visits/mo 0.3 miles
Circle K Shops & Services
15,796 visits/mo 0.4 miles
Golden Corral Dining
14,775 visits/mo 0.3 miles
Wendy's Dining
9,235 visits/mo 0.2 miles

Demographics for 32303, FL

48,644
Population
24,864
Households
2
Avg Household Size
34
Median Age
46%
College-Educated
95%
High-School Grad
34.8 sq mi
ZIP Area
1,398
Density / Sq Mi
$63,123
Median Household Income
$37,702
Median Earnings
$1,324
Median Rent
$204,900
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 - Central location with high traffic and established tenants.
Where is this retail space located?
The property is located at 1700 North Monroe 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: Central and popular location in Tallahassee with high foot traffic.; Anchored by a Top Producing Publix store.; Frontage on N Monroe (US 27) with 37,588 AADT.
(850) 510-4990 Call to check price and availability
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