Log In/Sign Up
Your email has been sent.
Medical Office Building - Tallahassee, FL 1100 E Tennessee St 3,448 SF Office Building Tallahassee, FL 32308 $431,000 ($125/SF)
Investment Highlights
- Dense trade area with over 180,000 residents within a five-mile radius and traffic counts exceeding 32,000 vehicles per day along E Tennessee Street.
- Highly adaptable asset suitable for urgent care, specialty medical, dental, imaging, therapy, or medical office conversion.
- Offered below replacement cost, with comparable vacant properties trading at under $130 per SF.
- Prime positioning on E Tennessee Street, a major east-west corridor providing seamless access to Downtown Tallahassee, I-10, and the medical district.
- Compelling value-add opportunity with the ability to lease at current market rents of approximately $19 to $22 NNN, driving meaningful NOI growth.
Executive Summary
Introducing a prime opportunity for office building investors in the Tallahassee area. This distinguished property boasts a 3,448 SF building constructed in 1988, offering the ideal combination of space and history. With 2 well-appointed units, this property presents a versatile investment option with the potential for dual tenancy or a single-occupant venture. Its strategic location and timeless architecture make it a standout choice for those seeking to establish a presence in this thriving area. Don't miss the chance to make this distinguished property the cornerstone of your office building investment portfolio.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,448 SF
Building Class
C
Year Built/Renovated
1988/2017
Price
$431,000
Price Per SF
$125
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,448 SF
Building FAR
0.13
Lot Size
0.63 AC
Zoning
OR1
Parking
7 Spaces (2.03 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 11-31-74-00B-025.1 | Improvements Assessment | $306,557 |
| Land Assessment | $135,904 | Total Assessment | $442,461 |
Property Taxes
Parcel Number
11-31-74-00B-025.1
Land Assessment
$135,904
Improvements Assessment
$306,557
Total Assessment
$442,461
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Medical Office Building - Tallahassee, FL | 1100 E Tennessee St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.