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 $379,000 ($109.92/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
$379,000
Price Per SF
$109.92
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.