2031 Pensacola St Tallahassee, FL 32304-3101
This exceptional retail opportunity is located at 2031 W Pensacola St, Tallahassee, FL 32304. The property, a single-story strip center totaling 6,673 square feet, offers multiple suites for lease. Two contiguous units, totaling 2,341 square feet, are currently vacant and available immediately. Individual units are also available, with a minimum leasable space of 1,151 square feet. The building underwent renovations in 2023. The property boasts a prime location, seconds away from Florida State University's football stadium and campus, benefiting from high student traffic and proximity to new student housing developments. This location is also part of a strong retail corridor, ideal for restaurants, drive-thrus, or delivery-based businesses. The area shows strong leasing potential, with nearby fully leased shopping centers anchored by major retailers such as Aldi and Publix. The property's history of 100% occupancy demonstrates its desirability and strong market position. This is a rare chance to secure a well-located, recently renovated retail space in a thriving area of Tallahassee. The property consists of six suites in total.
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Natural Life CBD Kratom Kava Specialty Food Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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