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    119 Monroe St Tallahassee, FL 32301

    Sponsored
    For Lease
    $21 SF/Yr

    13,075 SF Coworking/Creative Office

    Lot size:
    26,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    The Alliance Center offers a prime opportunity to lease 13,075 square feet of exceptional office space in the heart of downtown Tallahassee, Florida. This five-story mixed-use building boasts high-quality finishes throughout and is ideally situated at 119 S Monroe St, 32301, in Leon County. The available space is spread across the 3rd and 4th floors and can be leased separately, providing flexibility for businesses of varying sizes. The Alliance Center is part of a larger development encompassing over 76,000 square feet of retail, office, and condo space, ensuring a vibrant and bustling environment. A beautiful first-floor corporate lobby/reception area provides a welcoming atmosphere for clients and employees. Convenient on-site parking is available in a dedicated garage. The building benefits from a high-traffic location, with an average daily traffic count exceeding 27,500 vehicles. Multiple meeting and conference spaces are also available within the building, catering to the needs of collaborative work environments. This is an exceptional opportunity to establish a presence in a thriving downtown location with excellent amenities and high visibility.

    Property Features for 119 Monroe St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,150 SF

    Unit(s) available at that property

    Space
    300
    Size
    13,075 SF
    Rate per SF
    $21
    Space
    400
    Size
    13,075 SF
    Rate per SF
    $21

    HighLights

    • 13,075 SF of office space available for lease in downtown Tallahassee.
    • Located at 119 S Monroe St, Tallahassee, FL 32301.
    • Space is divisible and located on the 3rd and 4th floors of a five‑story mixed‑use building.
    • Building features a corporate lobby, on‑site parking, and multiple meeting spaces.
    • High‑traffic location with over 27,500 average daily vehicle count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Metz Husband & Daughton, ... Attorney Egg Donation Florida Fertility Clinic Southern Shakespeare Company Theater Company Prescott R David Attorney Menton J Stephen Attorney

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.280713094205
    Latitude
    30.440896942282

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    FAQs

    What type of property is this?
    Office space - 13,075 SF Coworking/Creative Office
    Where is this office space located?
    The property is located at 119 Monroe St Tallahassee, FL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 13,075 SF of office space available for lease in downtown Tallahassee.; Located at 119 S Monroe St, Tallahassee, FL 32301.; Space is divisible and located on the 3rd and 4th floors of a five-story mixed-use building.
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    119 Monroe St Tallahassee, FL 32301
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    Tallahassee, FL 32301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 Monroe St Tallahassee, FL 32301
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