The Village
$1,595,000
2121 West Pensacola Street, Tallahassee, FL 32304
9,254 sqft
Building Size
0.92 acres
Lot Area
Details:
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
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.
Location
Gallery
