For Lease
$8/SF/YR

1501 Governors Square BlvdTallahassee, FL 32301

Large Retail Space, High Visibility, Ample Parking

Overview

Added:
Dec 11, 2024
Days on market:
112
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.

Highlights

  • High-traffic retail space in a prime location.
  • Dense population: 163,000 residents within a 5-mile radius.
  • Proximity to State Capitol (1.5 miles) with 1.5 million square feet of state office space.
  • Located 2.5 miles east of Florida State University.

Property Details for 1501 Governors Square Blvd

Property type
Theaters & concert halls, Retail properties
RSF (Rentable sq. ft)
43,242 SF
Year Built
1996
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
43,242 SF
Rate per SF
$8

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.438460632553
Longitude
-84.258103814414
1501 Governors Square Blvd, Tallahassee, Florida

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1501 Governors Square Blvd
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