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Highlights

  • ±19-Acre Master-Planned Town Center within the 500-acre Canopy community in Tallahassee
  • Land Sales: $1.4M per Acre | Ground Lease: $110,000 NNN per Acre
  • Strong Pre-Leasing Momentum with four retailers signed or in active negotiations
  • 12 Total Planned Commercial Pads with 2 already sold
  • Flexible Pad Opportunities suitable for medical, QSR, grocery, retail, hospitality, entertainment, institutional uses, and more

LOT Available

Display Rental Rate as

Rental Rate
  • $2.53 /SF/YR
  • $0.21 /SF/MO
  • $1,650,000 /YR
  • $137,500 /MO
Lease Term Negotiable
Lot Size 0.30 - 15.00 AC

Positioned at the heart of the highly successful Canopy, this ±19- acre Town Center development opportunity represents one of the
most significant remaining commercial sites in Tallahassee’s fastest-growing corridor. Planned for approximately 12 commercial buildings, the project will serve as the central retail, dining, and service hub for the 500-acre Canopy community and the surrounding Northeast Tallahassee market.
The Town Center is designed to accommodate a diverse mix of uses including medical, quick-service restaurants, grocery, large format retail, small-shop retail, hospitality, restaurants, entertainment, institutional uses, and service-oriented businesses. Multiple pad sites are available for purchase or ground lease, offering flexibility for developers, owner-users, and national operators seeking presence within a rapidly expanding residential trade area.
Pricing is offered at $1.4M per acre for land sales or $110,000 NNN per acre for ground lease, with a minimum single-pad transaction of $1M for purchase or $70,000 NNN annually for ground lease. The Town Center has already generated strong early demand, with two of the twelve proposed pads sold and multiple national and regional retailers signed or currently in active negotiations to join the project.
Strategically located within one of the city’s most desirable master-planned communities, Canopy Town Center will become the primary commercial destination for thousands of existing and future residents while benefiting from continued residential growth in Northeast Tallahassee.

Property Facts

Total Space Available 15.00 AC
Min. Divisible 0.30 AC
Property Type Land
Property Subtype Commercial
Proposed Use Neighborhood Center
Cross Streets 0 Dempsey Mayo Dr

Attachments

Canopy Lease 2
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100
  • Listing ID: 39992808

  • Date on Market: 4/1/2026

  • Last Updated:

  • Address: 0 Welaunee Blvd, Tallahassee, FL 32308

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