Log In/Sign Up
Your email has been sent.
1100 E Tennessee St
Tallahassee, FL 32308
Medical Office Building - Tallahassee FL · Office Property For Sale
Investment Highlights
- Dense trade area with over 180,000 residents within a 5-mile radius and traffic counts exceeding 32,000 VPD 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 $87 PSF.
- 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-$22 PSF on a Triple Net (NNN) Lease.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the prime opportunity for office building investors in the Tallahassee area. This distinguished Medical Office Building, located at 1100 E Tennessee Street in Tallahassee, Florida, 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.
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
Property Type
Office
Property Subtype
Building Size
3,448 SF
Building Class
C
Year Built/Renovated
1988/2017
Price
$300,000
Price Per SF
$87.01
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
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
