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Retail Space on Apalachee Parkway
For Lease
$23 SF/Yr

738 Apalachee Parkway, Tallahassee, FL 32301

Retail space with high daytime population and nearby amenities.

Space Size7,914 SF
Days on Market282

Property Features for 738 Apalachee Parkway

General Information

Standard status Active
Size 7,914 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 7,914 SF
Year Built 2006

Spaces For Lease

at 738 Apalachee Parkway Contact us

738 Apalachee Pkwy $23/SF/Yr

Size
7,914 SF
Type
Restaurant
Term
Negotiable
Contact us
Listing Agency: SVN | SouthLand Commercial | Tallahassee
Listed By: Francis Rentz, CCIM · License #FL BK3318918
Source: Svn
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 29 at 7:20AM

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 SVN | SouthLand Commercial | Tallahassee

Investment Insights

Based on property information with market context.

This retail space is located on Apalachee Parkway, less than 1/2 mile from the Capitol Building and Central Business District. The location benefits from a strong daytime population due to over 2.0 million square feet of office space along the arterial road. It is part of a 2-outparcel development, situated next to Miller's Ale House. The property is across from the Florida Department of Transportation Headquarters and adjacent to the Florida Bar Office Complex. The surrounding area features a variety of retailers and restaurants, including Chili's, Olive Garden, Ross Stores, BJ's Brewhouse, Chuy's Tex Mex, Walgreens, Dillard's, Macy's, and various tenants of Governor's Square Mall. Several hotels are also nearby, such as Doubletree by Hilton, Hotel Duval, Four Points by Sheraton, Hilton Garden Inn, Wyndham Garden, Hampton Inn, Aloft, Marriott Courtyard, Comfort Suites, Home2 by Hilton, Springhill Suites, Best Western, and Homewood Suites. The property is also within walking distance to Marriott Courtyard, Comfort Inn, and a newly proposed Hyatt Place. The available retail space measures 7914 square feet.

Key Highlights

  • Prime location less than 1/2 mile from the State Capitol Building and Tallahassee Central Business District.
  • High daytime population and strong visibility on Apalachee Parkway.
  • Part of a 2‑parcel development, adjacent to Miller's Ale House.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Plumbing Service Restaurant

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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,671
Businesses Nearby
71k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Apparel 21% Hotels & Casinos 9% Beauty & Spa 2%
Olive Garden Dining
32,603 visits/mo 0.4 miles
Bealls Apparel
14,825 visits/mo 0.5 miles
Miller's Ale House Dining
14,158 visits/mo 0.0 miles
Courtyard Tallahassee Downtown/Capitol Hotels & Casinos
2,796 visits/mo 0.4 miles
Comfort Suites Tallahassee Downtown Hotels & Casinos
1,667 visits/mo 0.4 miles

Demographics for 32301, FL

29,686
Population
17,029
Households
1.7
Avg Household Size
32
Median Age
45%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
2,910
Density / Sq Mi
$50,412
Median Household Income
$34,271
Median Earnings
$1,200
Median Rent
$211,900
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 22% 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 - Retail space with high daytime population and nearby amenities.
Where is this retail space located?
The property is located at 738 Apalachee Parkway Tallahassee, FL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Prime location less than 1/2 mile from the State Capitol Building and Tallahassee Central Business District.; High daytime population and strong visibility on Apalachee Parkway.; Part of a 2‑parcel development, adjacent to Miller's Ale House.
More about this property
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