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2110 Apalachee Pky 22,672 SF Vacant Retail Building Tallahassee, FL 32301 $4,250,000 ($187.46/SF)

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INVESTMENT HIGHLIGHTS

  • Positioned directly in front of Target with shared access
  • Expansion potential for single-user occupancy by February 2026
  • Surrounded by top national retailers in a thriving corridor
  • Over 420 shared parking spaces including 47 dedicated spots

EXECUTIVE SUMMARY

Located directly in front of Target on Tallahassee’s bustling Apalachee Parkway, Governor’s Pointe presents a rare opportunity to acquire a high-visibility retail outparcel in one of the city’s most active commercial corridors. This 2.06-acre site features a modern 22,672-square-foot building constructed in 2014, with a current tenant mix that includes Rack Room Shoes and a former West Marine space. The property offers 13,029 square feet of leasable space immediately, with the potential to expand to full-building occupancy by February 2026.
Governor’s Pointe benefits from shared ingress and egress with Target, providing seamless access and exposure to over 33,000 vehicles daily. The site includes 47 dedicated paved parking spaces and shares access to more than 420 spaces with the adjacent Target, ensuring ample customer convenience. The property’s CP (Commercial Parkway) zoning supports a wide range of retail uses, and its strategic location places it within a vibrant retail hub surrounded by national brands such as Verizon, Kohl’s, Dick’s Sporting Goods, Panera Bread, and ALDI.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,672 SF
Building Class
C
Year Built/Renovated
1997/2013
Price
$4,250,000
Price Per SF
$187.46
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.25
Lot Size
2.06 AC
Zoning
CP - Commercial Planned District
Frontage
351’ on Apalachee Pky

AMENITIES

  • Dedicated Turn Lane
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Rack Room Shoes believes shoes are more than just shoes, because they know that life is more than just footsteps. Rack Room Shoes and Off Broadway Shoe Warehouse are known as innovators and authorities in their industry. They offer a great variety of on-trend styles for women, men and children in athletic, comfort and dress categories, while providing a delightful and trusted shopping experience for their valued customers. They also offer outstanding values on a wide selection of nationally recognized brands and exclusive private brands. They are a subsidiary of The Deichmann Group, which is Europe’s largest shoe retailer. Staying true to the Deichmann family mission, they maintain a special commitment to those in need and has made it a fixture of their corporate culture.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 13,029 SF
  • Retail
  • In-Line
  • Now

Governor’s Pointe offers a prime leasing opportunity in one of Tallahassee’s most active retail corridors. Located directly in front of Target on Apalachee Parkway, this high-visibility outparcel features seamless ingress and egress shared with the national anchor, ensuring consistent traffic flow and customer exposure. The available space is part of a 22,672-square-foot building that currently houses Rack Room Shoes and formerly West Marine, with 13,029 square feet ready for immediate occupancy and the potential to expand by an additional 9,600 square feet beginning February 2026.

Space Size Space Use Position Available
1st Floor 13,029 SF Retail In-Line Now

1st Floor

Size
13,029 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 13,029 SF
Space Use Retail
Position In-Line
Available Now

Governor’s Pointe offers a prime leasing opportunity in one of Tallahassee’s most active retail corridors. Located directly in front of Target on Apalachee Parkway, this high-visibility outparcel features seamless ingress and egress shared with the national anchor, ensuring consistent traffic flow and customer exposure. The available space is part of a 22,672-square-foot building that currently houses Rack Room Shoes and formerly West Marine, with 13,029 square feet ready for immediate occupancy and the potential to expand by an additional 9,600 square feet beginning February 2026.

NEARBY MAJOR RETAILERS

Capital City Bank
BJ's Restaurant & Brewhouse
Starbucks
Jason's Deli
Sarku Japan
Cajun Cafe
IHOP
Guthrie's
Checkers
Applebee's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31-05-20-068-001.0
Land Assessment
$807,606
Improvements Assessment
$2,620,886
Total Assessment
$3,428,492
  • Listing ID: 38455386

  • Date on Market: 11/14/2025

  • Last Updated:

  • Address: 2110 Apalachee Pky, Tallahassee, FL 32301

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