1501 Governors Sq Blvd Tallahassee, FL 32301-3020

This exceptional 43,242-square-foot single-tenant retail property, formerly a theater, presents a unique investment opportunity in Tallahassee, Florida. Built in 1996 with durable block construction, the building sits on a substantial 5.91-acre lot boasting 262 parking spaces. Its strategic location on the Governors Square Mall ring road provides unparalleled visibility and accessibility. The property benefits from its proximity to major retail anchors including Governors Square Mall (JC Penney, Macy's, and Dillard's) and the Governor's Marketplace power center (Marshall's, ULTA, Old Navy, Five Below, Petco, and Urban Air). Furthermore, its location is just 1.5 miles from the Florida State Capitol Building and Downtown Tallahassee's extensive state-owned/leased office space, and approximately 2.5 miles from Florida State University and Florida A&M University, ensuring a large and diverse potential customer base. The property is zoned AC - Activity Center and has a Leon County APN of 1132206210000. With its significant size, ample parking, and prime location, this property is ideal for a variety of retail uses. The property taxes are $2 per square foot. The entire building is currently vacant.