3197 Merchants Row Blvd | Tallahassee, FL 32311
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3197 Merchants Row Blvd
Tallahassee, FL 32311
Southwood Town Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This performing shopping center is 95.7% leased to an attractive regional & local tenant mix, with significant upside to lease the final vacancy.
- Tenants carry net lease with scheduled increases, ensuring this as a low maintenance investment with dependable revenue.
- Sitting within the SouthWood Master Planned Community, this prime retail location offers excellent visibility, easy access, and ample parking.
- The property benefits from access to a strong student population from Florida State and Florida A&M University, both reachable in approx. 15 mins.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
32,590 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.60
Lot Size
1.24 AC
Zoning
M-I - Light Industrial
PROPERTY TAXES
| Parcel Number | 31-15-27-00G-001.0 | Improvements Assessment | $983,463 |
| Land Assessment | $371,621 | Total Assessment | $1,355,084 |
PROPERTY TAXES
Parcel Number
31-15-27-00G-001.0
Land Assessment
$371,621
Improvements Assessment
$983,463
Total Assessment
$1,355,084
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