1875 N Monroe St Tallahassee, FL 32303

Building Details

Year Built

2018

Listing agency Superior Realty

Listed by Blair LaPete · License #SL3174573

Source Crexi

Added: Feb 3 Updated: Jul 21 at 2:32AM Checked: Jul 21 at 7:29AM

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Investment Insights

Based on property information with market context.

This recently constructed 2018 retail building was built to suit and features high-end finishes aligned with the current tenants. The property has a consistent operational history, with recently renewed tenant leases that include rental increases at extension options.

The building fronts the busy Monroe Street corridor and is located near the Northwood Center development, which includes the new Tallahassee Police Department and other intergovernmental projects. The ownership remarks also cite an investment profile of over a 5% cap rate alongside local tenant income history.

Key Highlights

• Retail building built in 2018 with high‑end finishes built to suit for current tenants
• Approximately 5,500 SF retail building fronting the busy Monroe Street corridor
• Recently renewed tenant leases with rental increases at extension options

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FAQs

What type of property is this?

Retail space - Recently constructed 2018 retail building fronts the Monroe Street corridor and is supported by recently renewed tenant leases.

Where is this retail space located?

The property is located at 1875 N Monroe St Tallahassee, FL.

What is the asking price?

The asking price for this property is $3,750,000.

What are key features of this property?

This property features: Retail building built in 2018 with high‑end finishes built to suit for current tenants; Approximately 5,500 SF retail building fronting the busy Monroe Street corridor; Recently renewed tenant leases with rental increases at extension options