444 College Ave Tallahassee, FL 32301
This exceptional 428,576 square foot, six-story mixed-use development offers a prime retail space in the heart of Tallahassee, Florida. Built in 2014, this vibrant property boasts a strategic location directly across from Potbelly's, a well-known local establishment, and within easy walking distance of Florida State University, Downtown Tallahassee, CollegeTown, and the Tallahassee Civic Center. The building features 219 residential units with a total of 583 beds, creating a high-density population of potential customers. Currently, the available retail space totals 2,450 square feet, ideal for a variety of businesses. The property benefits from a significant student population, with over 50,000 students living, studying, and recreating in the immediate vicinity. Furthermore, there are an additional 15,032 apartment beds within walking distance, and a further 10,000 beds are currently under construction or in the permitting process, ensuring continued growth and high foot traffic. Existing tenants include Hotworx Yoga, OG Subs, and D.P. Dough Pizza, establishing a successful and diverse retail environment. This is a unique opportunity to secure a prominent retail space in a thriving, high-demand location. The property is situated in Leon County and is classified as street retail within a multiple tenancy building.
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HOTWORX- Tallahassee, FL (W. College) Gym & Fitness Center
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OG Subs Take-out & Catering Catering Service
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Onyx Apartments Real Estate Rental Agency Student Housing Center
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Campus Express (College Ave) Department Store Grocery & Convenience Store
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D0uble09 Clothing Store
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.
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Risks
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