Multi-Tenant Retail
2221 S MONROE ST, Tallahassee, FL 32303
For Sale
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The site occupies a corner position near Florida A&M University and several national retailers.
Property SizeContact for details
Lot Size0.89 Acres
Days on Market12
Property Features for 2221 S MONROE ST
General Information
Standard status
Lot size
Property subtype
Additional Details
Cap Rate
Corner Location
Building Details
Year Renovated
Tenancy
Listing Agency:
Premiere Plus Realty
Listed By:
OSCAR MONTALVO · License FL SL3435065
(239) 289-6931
Source:
Crexi
Added: Nov 1
Changed: Nov 8
Last Checked: Nov 12 at 5:19AM
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 Premiere Plus Realty
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Investment Insights
Based on property information with market context.
This multi-tenant retail property sits on a 0.89-acre parcel and was renovated in 2020. The reported capitalization rate is 7.48%.
The property is at the northeast corner of Monroe Street and Yager Street, approximately 0.2 mile from Florida A&M University and Capital City Country Club. Nearby businesses include Walgreens, Dollar Tree, CarePoint, Wendy’s, Advance Auto Parts, O’Reilly Auto Parts, and Marathon Gas. Downtown Tallahassee and the Gaines Street Redevelopment area are a short drive away.
The property is at the northeast corner of Monroe Street and Yager Street, approximately 0.2 mile from Florida A&M University and Capital City Country Club. Nearby businesses include Walgreens, Dollar Tree, CarePoint, Wendy’s, Advance Auto Parts, O’Reilly Auto Parts, and Marathon Gas. Downtown Tallahassee and the Gaines Street Redevelopment area are a short drive away.
Key Highlights
- 0.89‑acre parcel
- Renovated in 2020
- Reported 7.48% capitalization rate
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
109k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 37%
Groceries 19%
Apparel 4%
McDonald's
Dining
26,867 visits/mo
0.5 miles
Piggly Wiggly
Groceries
20,803 visits/mo
0.3 miles
Dollar Tree
Shops & Services
16,116 visits/mo
0.2 miles
Wendy's
Dining
10,207 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,005 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
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Market
Properties on Market for Retail space in Tallahassee
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The site occupies a corner position near Florida A&M University and several national retailers.
Where is this retail space located?
The property is located at 2221 S MONROE ST Tallahassee, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 0.89‑acre parcel; Renovated in 2020; Reported 7.48% capitalization rate
