Governor's Point - Tallahassee, FL

The site is located as an out-pad to a Target. The region is the a hub of national destination retail with such tenants as Chick-fil-A, Party City, Aaron's, HHGregg, Family Dollar, Pier 1 Imports, Romano's Macaroni Grill, and the Governor's Mall which is home to over 90 retailers and is anchored by Dillard's, Sears, JCPenney, and Macy's. Just beyond the Mall is another retail center which is home to Marshalls, Famous Footwear, Fashion Bug, Michael's, and Old Navy. Walgreens, Best Buy, Border's Books, Super Cuts, Office Depot, Chipotle and others are also located in the immediate area.

 

The region is also home to Florida A&M University. Founded in 1887, it is the largest historically black university in the United States by enrollment. It has a rolling student body of more than 13,089 annually. The immediate area is also home to Florida State University, which is a comprehensive doctoral research university with medical programs and very high achieving research activity as determined by the Carnegie Foundation. It has a rolling under graduate student body in excess of 31,851 annually and a post graduate student body of 8,486. It also happens to be the region's largest employer of 6,119 permanent and full-time employees. Also in the area is Tallahassee Community College which serves Leon, Gadsden, and Wakulla counties. It has a rolling student body of 17,669 annually.

 

Tallahassee Memorial Healthcare, Inc. is the second-largest employer in the immediate area with over 3,190 permanent, full-time employees. Tallahassee, as the capital of the State of Florida, also serves as the seat of the body politic for the state and the region is densely-populated with government agencies and lobbyist headquarters, and as such, downtown Tallahassee is a beautiful metropolitan environment designed to impress foreign visitors and be a vibrant and bustling city.

Additional Info

  • Address: : 2110 Apalachee Pkwy, Tallahassee, FL 32301
  • Price: : $3,550,000
  • Net Rentable Area: : 22,672
  • Lot Size (Acres): : 2.06
  • CAP Rate: : 7.66%
  • Price Per Sqft: : $169.02
  • NOI: : $272,064
  • Year Built: : 2013
  • Status: : Available

What Clients Are Saying                                     
 

"It was a pleasure working with you as we appreciated your persistence, professionalism, guidance and your patience in assisting us with our first Real Estate Acquisition. We are looking forward to closing many more transactions with you in the future.'
Mike Nofarad, Private Investor

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557