1212 N Monroe St 11,533 SF 100% Leased Retail Building Tallahassee, FL 32303 $3,300,000 ($286.14/SF) 6.94% Cap Rate

Midtown Landing consists of a 11,743 NL-square-foot retail strip center located at 1212 & 1216 North Monroe Street, Tallahassee, Florida, 100% leased. The subject is situated on a 1.0 +/- acre parcel of land. The subject is further identified by Tax Parcel Numbers: 21-21-25-51-000-013-0 & 21-25-45-000-157-0 with strong frontage on North Monroe Street. Built in the 1950s with significant improvements completed in 2010, 2017 & 2022, and a recent exterior painting and exterior building lights upgrade. 45 parks with street parking to the west. Tenants include Brueggers Bagels, Planet 13, MDVIP, Hummingbird Wine Bar & Kitchen, with outdoor seating at the Wine Bar and Brueggers. Long-term leases with minimal Landlord responsibility. New Pricing includes new flat roof over Brueggers and new roof on the 1212 Building. Call Steve to show or for more information at 850-508-4105.