The Village

2121 West Pensacola Street, Tallahassee, FL

$1,595,000

Price

9,254 sqft

Building Size

0.92 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
9,254 sqft
Lot Area
0.92 acres
Occupancy
92%
Units
7
Year Built
1986
Floors
1
Description

The Village is a retail strip that is very well maintained, and strategically located on W Pensacola Street, between Florida State University and Tallahassee Community College, in Tallahassee, Florida. There are a total of 7 units in The Village, ranging in size from 750 SF to 2,000 SF.

This stabilized property provides an investor with a great opportunity of acquiring an excellent value-add retail asset, that has a tremendous upside, by increasing the below market rents over the next couple of years. Another option, and/or exit strategy in the future, would be to redevelop the property, which is sitting on 0.92 acres of prime commercial real estate.

Tallahassee, which is the Capital of Florida, has a significant amount of government employees, lobbying organizations, trade and professional associations, as well as approximately 70,000 college students.

PLEASE DO NOT DISTURB THE TENANTS!!

The Village is located on W Pensacola Street, between Florida State University and Tallahassee Community College.

Highlights
  • Excellent Stabilized Asset & Investment
  • Value-Add Opportunity (Below Market Rents)
  • Prime Retail Location
  • 0.9 Miles From Florida State University
  • 1.1 Miles From Tallahassee Community College
  • Pylon Sign & Ample Parking
  • Multiple Tenants - High Demand Unit Sizes
Location
Gallery