1700 Monroe St Tallahassee, FL 32303
This exceptional retail opportunity is located at Lake Ella Plaza, a thriving shopping center in Tallahassee, Florida. The property, situated at 1700 N Monroe St (and 1694 N Monroe St), boasts a total of 90,322 square feet within a single, one-story building constructed in 2002 and renovated in 2024. Currently, 3,000 square feet of space is available, divisible into units as small as 1,000 square feet, with a maximum contiguous space of 3,000 square feet. The property sits on an 11.86-acre lot and offers ample parking with a ratio of 4.76 spaces per 1,000 square feet. The center enjoys a prime location on N Monroe Street (US 27), a major thoroughfare with a high average annual daily traffic count of 37,588 vehicles. Its strategic position provides excellent visibility and accessibility, further enhanced by its proximity to Tharpe Street and Martin Luther King Blvd. Lake Ella Plaza benefits from its association with a high-performing Publix supermarket, along with other established businesses including UPS, H&R Block, and various restaurants and service providers. The property is zoned as Activity Center and is conveniently located near Florida State University (FSU), Florida A&M University (FAMU), Tallahassee Community College (TSC), government offices, and a substantial residential population. This presents a unique opportunity to establish or expand a business in a well-established, high-traffic location with a proven track record of tenant longevity. City electric power is available. The APN is 2125200240000.
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Anytime Fitness Gym & Fitness Center
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The UPS Store Courier Service Postal Service
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Kent Development LLC Construction Company
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Adept Technologies (Bike/Boat/Book/etc) Store Corporate Office
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Midtown Kava Lounge Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.