Shopping Strip
Midtown Centre
1321 Thomasville Rd, Tallahassee, FL 32303
Listing Price: $2,806,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Midtown Centre, a 9,090-square-foot shopping center located in Tallahassee, FL. The 100% occupied subject property is located on a high traffic corridor seeing over 34,000 cars per day as well as surrounded by over 94,000 people within a 3-mile radius. It is uniquely positioned adjacent to Five Points which is where five commuter arteries converge with a massive combined traffic count of over 50,000 ADT. The property has two incredible anchors which provide stability, growth, and economic fortification with Florida State University as well as the State Capitol being in close proximity. Florida is a no income tax state paired with massive population migration making this a prime location with a variety of phenomenal core real estate ensuring future appreciation and stability of the location.
Midtown Centre
Investment Highlights
- Lengthy Tenure of Current Tenants (Original Tenancy): Orange Theory: Since 2014, Brass Tap: Since 2015
- 2 Incredible Anchors Which Provide Stability, Growth & Economic Fortification: Florida State University: Over 57,000 Students/Staff, State Capitol: 19,400 Staff
- Adjacent to Five Points Where Five Main Commuter Arteries Converge With a Massive Combined ADT of 50,600
- Huge Population Density: 10,539 – 1 mile, 94,465 – 3 miles
- Orange Theory: Exploding Fitness Concept with Over 1,200 Locations in Every State & 23 Countries Worldwide
- Brass Tap: Voted Best Bar in Tallahassee by Tallahassee Magazine
Listing Price: $2,806,000
Investment Highlights
- Lengthy Tenure of Current Tenants (Original Tenancy): Orange Theory: Since 2014, Brass Tap: Since 2015
- 2 Incredible Anchors Which Provide Stability, Growth & Economic Fortification: Florida State University: Over 57,000 Students/Staff, State Capitol: 19,400 Staff
- Adjacent to Five Points Where Five Main Commuter Arteries Converge With a Massive Combined ADT of 50,600
- Huge Population Density: 10,539 – 1 mile, 94,465 – 3 miles
- Orange Theory: Exploding Fitness Concept with Over 1,200 Locations in Every State & 23 Countries Worldwide
- Brass Tap: Voted Best Bar in Tallahassee by Tallahassee Magazine
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Midtown Centre, a 9,090-square-foot shopping center located in Tallahassee, FL. The 100% occupied subject property is located on a high traffic corridor seeing over 34,000 cars per day as well as surrounded by over 94,000 people within a 3-mile radius. It is uniquely positioned adjacent to Five Points which is where five commuter arteries converge with a massive combined traffic count of over 50,000 ADT. The property has two incredible anchors which provide stability, growth, and economic fortification with Florida State University as well as the State Capitol being in close proximity. Florida is a no income tax state paired with massive population migration making this a prime location with a variety of phenomenal core real estate ensuring future appreciation and stability of the location.
