3692 Coolidge Ct Tallahassee, FL 32311-7890

This exceptional Class A office building, located at 3692 Coolidge Ct in Tallahassee, Florida's desirable Southwood community, presents a compelling investment opportunity. The 29,328 square foot, two-story building sits on a 2.82-acre lot and boasts a strong tenant, The League of Southeastern Credit Unions (LSCU), occupying the entire second floor (14,664 sq ft) under a lease extending through December 2026. LSCU's lease includes a 50% reimbursement of utility costs and provision of a facilities manager. Currently, 8,373 square feet on the first floor is vacant and is being marketed at $21 per square foot on a full-service gross lease. Built in 2007, this all-brick building features a multi-tenant occupancy of 62.5% and generates a Net Operating Income (NOI) of $141,809. The property's APN is 31-16-26-C-0100 & 31-16-26-C-0110, and its permitted zoning is Southwood PUD. This property is ideal for owner-occupants seeking high-quality space or investors looking for a value-add opportunity in a prime Tallahassee location. The building's commercial-grade construction and established tenant base make it a highly attractive investment. The asking price is $3,500,000.