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Governor's Marketplace 1415-1645 Governor's Square Blvd 3,400 - 9,724 SF of Retail Space Available in Tallahassee, FL 32301
HIGHLIGHTS
- Primary retail node in Tallahassee with more than 9.8 million square feet of retail within 3 miles of Governors Marketplace.
- Excellent signage and access along the heavily trafficked Magnolia Drive (30,000 VPD).
- Dense surrounding population with over 488,000 residential units in close proximity to the shopping centre.
- Anchored by popular top ranking national and regional retailers, including Old Navy, Kirklands and Ulta.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 21 | 6,324 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Suite 26 | 3,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1614 Governors Square Blvd - 1st Floor - Ste 21
1624-1644 Governors Square Blvd - 1st Floor - Ste Suite 26
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT GOVERNOR'S MARKETPLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Five Below
- Dollar/Variety/Thrift
- 2,384
- National
- Marshalls
- Dept Store
- 1,432
- International
- Michaels
- Art/Crafts
- 1,437
- International
- Old Navy
- Unisex Apparel
- 1,355
- International
- Petco
- Animal Care/Groom
- 1,739
- National
- Urban Air Adventure Park
- Other Retail
- 291
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Five Below | Dollar/Variety/Thrift | 2,384 | National |
| Marshalls | Dept Store | 1,432 | International |
| Michaels | Art/Crafts | 1,437 | International |
| Old Navy | Unisex Apparel | 1,355 | International |
| Petco | Animal Care/Groom | 1,739 | National |
| Urban Air Adventure Park | Other Retail | 291 | International |
PROPERTY FACTS
ABOUT THE PROPERTY
Governors Marketplace is a premier open-air retail destination strategically located at one of Tallahassee’s most dominant retail intersections, offering exceptional visibility, strong traffic patterns, and convenient accessibility. Positioned directly across from the Brookfield-owned, 1M square foot Governors Square Mall, the region’s leading enclosed shopping center, the property benefits from powerful cross-shopping and sustained year-round activity. The surrounding retail node includes more than 9.8M square feet of retail within a three-mile radius, establishing this area as Tallahassee’s primary hub for shopping, dining, and daily-needs services. The center features a best-in-class national tenant roster, including high-performing Old Navy, Kirkland’s, Ulta, Michaels, Marshalls, Men’s Wearhouse and Aspen Dental. Many of these retailers are among the top performers within their respective chains, which reflects the strong draw and stability of this location. This mix of soft goods, home goods, services, and health and wellness providers contributes to consistent foot traffic and strong cross-shopping patterns. Prominent frontage along major corridors such as Magnolia Drive with 30,000 vehicles per day, East Park Avenue with 22,000 vehicles per day, and Governors Square Boulevard with 11,500 vehicles per day, combined with multiple access points and two signalized intersections, provides excellent visibility and smooth circulation throughout the property. Governors Marketplace serves a dense and diverse customer base and draws from more than 488,000 residential units within close proximity and average household incomes exceeding 75,000 dollars. Its strategic location near established neighborhoods, major employment centers, Florida State University, and Florida A and M University supports steady year-round activity from families, professionals, and students. With strong co-tenancy, high visibility, robust demographics, and a strategic position within Tallahassee’s primary retail district, Governors Marketplace remains a leading and well-trafficked retail destination in the region.
- Air Conditioning
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
Presented by
Mishorim Gold Properties
Governor's Marketplace | 1415-1645 Governor's Square Blvd
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