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Investment Opportunity-Mahan Medical/Retail 2459 Mahan Dr 20,222 SF 80% Leased Retail Building Tallahassee, FL 32308 $6,250,000 ($309.07/SF)



Investment Highlights
- Investment Opportunity: Modern medical, office, retail center on 3.04 acres commercial site, Built 2020
- Center has a mix of medical, health, office, retail
- High visibility (29,500+ cars daily) location on Mahan Dr also with access at lighted intersection at Riggins Rd
- Just minutes to downtown, Interstate 10, and regional hospitals
Executive Summary
Rare opportunity to acquire a 20,222 SF medical, office, and retail center located on 3.04± acres along Tallahassee's highly traveled Mahan Drive corridor. Built in 2020, this modern commercial property offers investors the opportunity to own a high-quality asset in a rapidly growing market.
The property's flexible C-2 General Commercial zoning supports a wide variety of uses including medical, professional office, retail, wellness, educational, and service-oriented businesses. Prominent monument and building signage, excellent accessibility, and exposure to approximately 29,500 vehicles daily create exceptional visibility and brand recognition.
Strategically positioned within Tallahassee's thriving northeast commercial district, the center is surrounded by established residential communities, healthcare providers, retailers, and major employment hubs. 2459 Mahan Drive offers the size, location, and modern construction that are increasingly difficult to find in today's market.2459 Mahan Drive is strategically positioned along one of Tallahassee's premier commercial corridors, offering outstanding visibility and accessibility in the city's thriving northeast market. Mahan Drive (US 90) serves as a major east-west arterial connecting Downtown Tallahassee to Capital Circle NE and the rapidly expanding eastern portion of Leon County. With approximately 29,500 vehicles passing the property daily, businesses benefit from exceptional exposure and convenient customer access.
The surrounding area is home to a strong concentration of medical offices, professional services, national retailers, restaurants, financial institutions, and established residential neighborhoods, creating a consistent daytime population and customer base. The property is just minutes from Downtown Tallahassee, the State Capitol Complex, regional hospitals, and numerous government offices, while providing easy access to Capital Circle NE, Interstate 10, and other major transportation routes.
As Tallahassee continues to experience residential and commercial growth along the Mahan Drive corridor, this location offers an ideal setting for investors and owner-users seeking long-term value, strong demographics, and a highly visible presence in one of the region's most desirable commercial districts.
The property's flexible C-2 General Commercial zoning supports a wide variety of uses including medical, professional office, retail, wellness, educational, and service-oriented businesses. Prominent monument and building signage, excellent accessibility, and exposure to approximately 29,500 vehicles daily create exceptional visibility and brand recognition.
Strategically positioned within Tallahassee's thriving northeast commercial district, the center is surrounded by established residential communities, healthcare providers, retailers, and major employment hubs. 2459 Mahan Drive offers the size, location, and modern construction that are increasingly difficult to find in today's market.2459 Mahan Drive is strategically positioned along one of Tallahassee's premier commercial corridors, offering outstanding visibility and accessibility in the city's thriving northeast market. Mahan Drive (US 90) serves as a major east-west arterial connecting Downtown Tallahassee to Capital Circle NE and the rapidly expanding eastern portion of Leon County. With approximately 29,500 vehicles passing the property daily, businesses benefit from exceptional exposure and convenient customer access.
The surrounding area is home to a strong concentration of medical offices, professional services, national retailers, restaurants, financial institutions, and established residential neighborhoods, creating a consistent daytime population and customer base. The property is just minutes from Downtown Tallahassee, the State Capitol Complex, regional hospitals, and numerous government offices, while providing easy access to Capital Circle NE, Interstate 10, and other major transportation routes.
As Tallahassee continues to experience residential and commercial growth along the Mahan Drive corridor, this location offers an ideal setting for investors and owner-users seeking long-term value, strong demographics, and a highly visible presence in one of the region's most desirable commercial districts.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,222 SF
Building Class
B
Year Built
2020
Price
$6,250,000
Price Per SF
$309.07
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.43 AC
Zoning
C-2 - General Commercial
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Infuse One
- Health Care and Social Assistance
- -
- -
-
Lorem Ipsum
-
Jan 0000
- Premier Pools and Spas
- Professional, Scientific, and Technical Services
- -
-
$9.99
- -
- -
- Radiology Associates
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
- -
- T Mobile
- -
- -
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Infuse One | Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 | |
| Premier Pools and Spas | Professional, Scientific, and Technical Services | - | $9.99 | - | - | |
| Radiology Associates | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | - | |
| T Mobile | - | - | $9.99 | Lorem Ipsum | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 11
- 1,000 SF
- Office
- -
- Now
Newly constructed retail offering: a great location for retail, barber, salon, or fitness. Great accessibility via Mahan and Riggins.
Open showroom
| Space | Size | Space Use | Position | Available |
| 11 | 1,000 SF | Office | - | Now |
| 6 | 1,790 SF | Retail | In-Line | Now |
| 9 | 1,262 SF | Retail | - | Now |
11
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
6
| Size |
| 1,790 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
9
| Size |
| 1,262 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
6
| Size | 1,790 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Newly constructed retail offering: a great location for retail, barber, salon, or fitness. Great accessibility via Mahan and Riggins.
9
| Size | 1,262 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Open showroom
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-28-28-000-002.0 | Improvements Assessment | $1,382,108 |
| Land Assessment | $529,688 | Total Assessment | $1,911,796 |
Property Taxes
Parcel Number
11-28-28-000-002.0
Land Assessment
$529,688
Improvements Assessment
$1,382,108
Total Assessment
$1,911,796
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