Cascades Project Retail/Office/Hotel
For Lease
Contact for pricing
850 S Gadsden St., Tallahassee, FL 32301
Dynamic development with retail, office, restaurants, and hotel spaces.
Space Size1,170 SF - 5,590 SF
Property Size16,195 SF
Days on Market678
Property Features for 850 S Gadsden St.
General Information
Standard status
Active
Size
1,170 SF - 5,590 SF
Total Parking Spaces
250
Property subtype
Retail, Restaurant
Building Details
Building Size
16,195 SF
Tenancy
Multiple
Spaces For Lease
at 850 S Gadsden St. Contact us- Size
- 2,330 SF
- Type
- Retail
- Availability
- Active
Available Space 1
- Size
- 1,680 SF
- Type
- Restaurant, Retail
- Availability
- Active
Available Space 2
- Size
- 1,575 SF
- Type
- Retail
- Availability
- Active
Available Space 3
- Size
- 5,590 SF
- Type
- Retail
- Availability
- Active
Available Space 4
- Size
- 1,170 SF
- Type
- Restaurant, Retail
- Availability
- Active
Available Space 5
- Size
- 5,225 SF
- Type
- Retail
- Availability
- Active
Available Space 6
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Listing Agency:
CBRE - Jacksonville
(904) 596-2940
Listed By:
Lara Bahri · License #FL 3241339
Source:
Crexi
Added: Oct 4, 2024
Changed: Aug 8
Last Checked: May 12 at 10:41PM
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 CBRE - Jacksonville
Investment Insights
Based on property information with market context.
The Cascades Project is a significant economic development initiative transforming a two-block area on East Gaines Street in Tallahassee, directly across from Cascades Park. This dynamic development is projected to generate over $350 million in economic impact and create nearly 700 permanent jobs. The project preserves the architecturally notable former County Health Unit and restores the Old City Waterworks building, creating a community-designed historical plaza. It features a mix of market-rate mid-rise residential units, retail spaces, office facilities, restaurants, and a hotel, all designed to enhance views of both the park and the Capitol building. The development includes pedestrian-friendly pathways connecting to downtown, family-friendly amenities, event spaces to support performances at the Capital City Amphitheater, and expanded public parking.
Key Highlights
- Located directly across from the 24‑acre Cascades Park.
- Part of a $350 million economic development project creating nearly 700 permanent jobs.
- Features a mix of residential units, retail spaces, office facilities, restaurants, and a hotel.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,701
Businesses Nearby
Explore this area
Business Placement
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
$19.5 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
18,855 SF
Avg Space Size
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Dynamic development with retail, office, restaurants, and hotel spaces.
Where is this retail space located?
The property is located at 850 S Gadsden St. Tallahassee, FL.
What are key features of this property?
This property features: Located directly across from the 24‑acre Cascades Park.; Part of a $350 million economic development project creating nearly 700 permanent jobs.; Features a mix of residential units, retail spaces, office facilities, restaurants, and a hotel.
