Property profile

111 Magnolia Dr Tallahassee, FL 32301

OFF-MARKET
Retail properties & Spaces
20,000 SF Built 1987
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 111 South Magnolia Drive in Tallahassee, Florida, within the vibrant Magnolia Park Shopping Center. The property, built in 1987, boasts a total of 20,000 square feet, with 14,194 square feet currently vacant and available for lease. Multiple units are available, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 5,731 square feet, offering flexibility for various retail businesses. The property sits on a generous 10.48-acre lot in Leon County, providing ample space and visibility. The shopping center features a beautiful brick courtyard, a central fountain, and lush landscaping, creating a tranquil and inviting atmosphere for shoppers. This prime location benefits from its proximity to established and successful businesses, including Little Italy, Dorothy's Skin Care, Journey's in Yoga, Children's Health Associates, and the Children's Campaign of Florida, ensuring high foot traffic and brand synergy. The property's address is 111 South Magnolia Drive, Tallahassee, FL 32301. This is an ideal location for businesses seeking high visibility and a strong presence in a thriving Tallahassee community. The property offers a unique blend of established success and significant potential for growth.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1987
Total area 20,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Cinema (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Location

111 Magnolia Dr Tallahassee, FL 32301
Tallahassee metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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