Three-Tenant Retail Pad
4063 Lagniappe Way Tallahassee, FL 32317
4063 Lagniappe Way, Tallahassee, FL, 32317
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For Sale
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New construction three-tenant pad site with net leases featuring Mattress1One, AT&T, and Wharf Casual Seafood.
Days on Market105
Property Features for 4063 Lagniappe Way
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
SAB Capital
(646) 809-8840
Listed by
Preet Sabharwal · License #NY 10401215775
Source
Crexi
Added: Apr 10 Updated: Jul 23 at 12:11AM Checked: Jul 23 at 12:11AM
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 SAB Capital
Investment Insights
Based on property information with market context.
Marcus & Millichap presents a brand-new three-tenant pad site constructed for Fallschase Village Center in Tallahassee, Florida. The tenants—Mattress1One, AT&T, and Wharf Casual Seafood—operate under net leases that fully reimburse for common area maintenance, real estate taxes, and insurance.
Mattress1One and Wharf Casual Seafood have signed 10-year leases. Mattress1One includes 4% rent increases in year three and year nine. The pad site is anchored by Mattress1One, a regional mattress retailer operating more than 300 locations across Florida, Texas, and Georgia, and by Prime Communications, Limited Partnership as the largest privately held AT&T authorized retailer with more than 550 locations across 21 states. Wharf Casual Seafood is a regional fast-casual dining concept backed by a personal guaranty from the owner.
The subject property benefits from its affiliation with Fallschase Village Center, a 450,000-square-foot retail power center anchored by Walmart, Costco, and Bass Pro Shops. Fallschase Village Center plans to add another 300,000 square feet of retail, including a 68,000-square-foot luxury movie theater by Cobb Theatre with 14 screens and a dining concept called “Cobbster’s Kitchen.” The movie theatre is directly adjacent to a planned 13-acre residential development project and to Arbor Crossing at Buck Lake, a development planned to deliver more than 200 luxury apartments.
Mattress1One and Wharf Casual Seafood have signed 10-year leases. Mattress1One includes 4% rent increases in year three and year nine. The pad site is anchored by Mattress1One, a regional mattress retailer operating more than 300 locations across Florida, Texas, and Georgia, and by Prime Communications, Limited Partnership as the largest privately held AT&T authorized retailer with more than 550 locations across 21 states. Wharf Casual Seafood is a regional fast-casual dining concept backed by a personal guaranty from the owner.
The subject property benefits from its affiliation with Fallschase Village Center, a 450,000-square-foot retail power center anchored by Walmart, Costco, and Bass Pro Shops. Fallschase Village Center plans to add another 300,000 square feet of retail, including a 68,000-square-foot luxury movie theater by Cobb Theatre with 14 screens and a dining concept called “Cobbster’s Kitchen.” The movie theatre is directly adjacent to a planned 13-acre residential development project and to Arbor Crossing at Buck Lake, a development planned to deliver more than 200 luxury apartments.
Key Highlights
- Brand‑new construction three‑tenant pad site in Tallahassee, FL
- Net leases with tenants fully reimbursing common area maintenance, real estate taxes, and insurance
- Tenants include Mattress1One, AT&T, and Wharf Casual Seafood
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market Nearby
- Lafayette Place — 3111 Mahan Dr, Tallahassee, FL 32308
- Fallschase Village Center — 4067 Lagniappe Way, Tallahassee, FL 32317
- Sunglass Outfitters by Sunglass Hut — 4059 Lagniappe Way, Tallahassee, FL 32317
- Mahan Village Shopping Plaza — 3122 Mahan Dr suite 801-240, Tallahassee, FL 32308
FAQs
What type of property is this?
Shopping center - New construction three-tenant pad site with net leases featuring Mattress1One, AT&T, and Wharf Casual Seafood.
Where is this shopping center located?
The property is located at 4063 Lagniappe Way Tallahassee, FL.
What are key features of this property?
This property features: Brand‑new construction three‑tenant pad site in Tallahassee, FL; Net leases with tenants fully reimbursing common area maintenance, real estate taxes, and insurance; Tenants include Mattress1One, AT&T, and Wharf Casual Seafood
