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113 Monroe St Tallahassee, FL 32301

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9,000 SF Office, Value-Add Opportunity

Property size:
9,000 SF

Property Features for 113 Monroe St

General Information

Property type
Office Properties & Spaces
Square Feet
9,000 SF
Class
A

Building Details

Year Built
2009
Buildings
1
Stories
1
Units
1

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Listing Contact
E. Slaton Murray
E. Slaton Murray

Listing Agency: NAI TALCOR Tallahassee Listing Agent: E. Slaton Murray

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 9,000 square foot Class A office condo, located at 113 S Monroe St in Tallahassee, Florida, presents a compelling value-add investment opportunity. Built in 2009, the single-story building features a modern design and efficient floor plan, situated on a highly visible and accessible location in the heart of downtown Tallahassee. Currently leased to a single tenant under a gross lease agreement until September 30, 2029, with a remaining lease term of approximately 4.9 years, this property offers a stable income stream with significant upside potential. The property is zoned CC, allowing for versatile office uses. The building boasts 9 dedicated parking spaces, adding to its convenience and appeal. Its contemporary design and well-maintained condition, combined with its prime location and ample amenities in the surrounding area, make this a highly desirable asset for investors seeking a strong return in a stable market. The property's below-market lease rate presents a clear opportunity for value enhancement. This is a rare chance to acquire a prominent office space in Tallahassee's thriving downtown area. The property's location provides excellent visibility and accessibility, making it an ideal choice for a variety of professional and corporate tenants.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Carrie Edgerson - VanDyk ... Loan Service Morris-Depew Associates Inc Landscaping Canon Solutions America Big Box & Wholesale Store Integrated Webworks Advertising Agency First Choice Life ... Insurance Agency

Suggested Use

Real Estate Agency Restaurant Dental Office Spa & Massage Center Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Tallahassee
County
Leon
State
Florida
Longitude
-84.2803476
Latitude
30.441303

FAQs

What type of property is this?
Office Property / Space - 9,000 SF Office, Value-Add Opportunity
Where is this office property / space located?
The property is located at 113 Monroe St Tallahassee, FL.
What are key features of this property?
This property features: 9,000 SF modern office condo built in 2009.; CC zoning allows versatile office uses.; Prime Downtown Tallahassee location with high visibility and accessibility.
(850) 224-2300 Call to check price and availability
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