Shopping Strip
REI Anchored Shopping Center | Tallahassee | 100% Occupied NNN Leases | Newly Renovated
1415 Timberlane Rd, Tallahassee, FL 32312
Listing Price: $30,488,279
Investment Overview
Tallahassee is the capital city of the U.S. state of Florida. It is the county seat and only incorporated municipality in Leon County. Tallahassee became the capital of Florida, then the Florida Territory, in 1824. In 2022, the population was 201,731, making it the eighth-most populous city in the state of Florida. The population of the Tallahassee metropolitan area was 390,992 as of 2022. Tallahassee is the largest city in the Florida Big Bend and Florida Panhandle region, and the main center for trade and agriculture in the Florida Big Bend and Southwest Georgia regions.
With a student population exceeding 70,000, Tallahassee is a college town, home to Florida State University, Florida A&M University, and Tallahassee Community College, a large state college that serves mainly as a feeder school to Florida State and Florida A&M.
As the capital, Tallahassee is the site of the Florida State Capitol, Supreme Court of Florida, Florida Governor's Mansion, and nearly 30 state agency headquarters. The city is also known for its large number of law firms, lobbying organizations, trade associations and professional associations, including the Florida Bar and the Florida Chamber of Commerce. It is a recognized regional center for scientific research, and home to the National High Magnetic Field Laboratory. In 2015, Tallahassee was awarded the All-America City Award by the National Civic League for the second time.
REI Anchored Shopping Center | Tallahassee | 100% Occupied NNN Leases | Newly Renovated
Investment Highlights
- 100% Occupied REI Anchored Shopping Center with Synergistic Mix of Regional and National Tenants.
- The Center is Conveniently Located in the Frequented "Market Street District" of Tallahassee Which Boasts a Premiere Regional Presence at the Intersection of Interstate-10 and Thomasville Road.
- Existing Center Underwent complete Re-development Plus New Building Construction for REI & Connors Each occupied tenant during re-development renovated their suite prior to opening.
- Market Square will be the Prime Location for Retail, Dining and Entertainment and with its Ease of Use Location, it will Serve Not Only the Tallahassee Metro Market but Also Draw Customers from as far as 30 Miles.
- This Center is in the Strongest Demographic Area of the Tallahassee Market With Excellent Ease of Access and Visibility. Robust Traffic Counts - More Than 57,600 and 60,100 Vehicles Per Day Along Thomasville Road & I-10.
- Densely Populated Affluent Area: Features an Average Household Income of $100k+ within a 3-Mile Radius and over 123k People Residing within a 5-Mile Radius.
- The Tallahassee Metropolitan Statistical Area is Ranked Highest Among All Florida's 22 Areas for Percentage Growth in Real GDP Per Capita.
- The Property's Trade Area Includes Many of Today's Most Sought-after Retailers Such as Whole Foods, the Fresh Market, Trader Joe's, Starbucks, Chipotle, Lilly Pulitzer, Lululemon, Burgerfi, 4 Rivers, Talbots, Jos a. Banks, and more. Located Just 4 Miles North of Florida State University, Market Square Captures the University's Over 58,000 Students, Staff and Faculty.
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Shopping Strip
REI Anchored Shopping Center | Tallahassee | 100% Occupied NNN Leases | Newly Renovated
Listing Price: $30,488,279
Investment Highlights
- 100% Occupied REI Anchored Shopping Center with Synergistic Mix of Regional and National Tenants.
- The Center is Conveniently Located in the Frequented "Market Street District" of Tallahassee Which Boasts a Premiere Regional Presence at the Intersection of Interstate-10 and Thomasville Road.
- Existing Center Underwent complete Re-development Plus New Building Construction for REI & Connors Each occupied tenant during re-development renovated their suite prior to opening.
- Market Square will be the Prime Location for Retail, Dining and Entertainment and with its Ease of Use Location, it will Serve Not Only the Tallahassee Metro Market but Also Draw Customers from as far as 30 Miles.
- This Center is in the Strongest Demographic Area of the Tallahassee Market With Excellent Ease of Access and Visibility. Robust Traffic Counts - More Than 57,600 and 60,100 Vehicles Per Day Along Thomasville Road & I-10.
- Densely Populated Affluent Area: Features an Average Household Income of $100k+ within a 3-Mile Radius and over 123k People Residing within a 5-Mile Radius.
- The Tallahassee Metropolitan Statistical Area is Ranked Highest Among All Florida's 22 Areas for Percentage Growth in Real GDP Per Capita.
- The Property's Trade Area Includes Many of Today's Most Sought-after Retailers Such as Whole Foods, the Fresh Market, Trader Joe's, Starbucks, Chipotle, Lilly Pulitzer, Lululemon, Burgerfi, 4 Rivers, Talbots, Jos a. Banks, and more. Located Just 4 Miles North of Florida State University, Market Square Captures the University's Over 58,000 Students, Staff and Faculty.
Investment Overview
Tallahassee is the capital city of the U.S. state of Florida. It is the county seat and only incorporated municipality in Leon County. Tallahassee became the capital of Florida, then the Florida Territory, in 1824. In 2022, the population was 201,731, making it the eighth-most populous city in the state of Florida. The population of the Tallahassee metropolitan area was 390,992 as of 2022. Tallahassee is the largest city in the Florida Big Bend and Florida Panhandle region, and the main center for trade and agriculture in the Florida Big Bend and Southwest Georgia regions. With a student population exceeding 70,000, Tallahassee is a college town, home to Florida State University, Florida A&M University, and Tallahassee Community College, a large state college that serves mainly as a feeder school to Florida State and Florida A&M. As the capital, Tallahassee is the site of the Florida State Capitol, Supreme Court of Florida, Florida Governor's Mansion, and nearly 30 state agency headquarters. The city is also known for its large number of law firms, lobbying organizations, trade associations and professional associations, including the Florida Bar and the Florida Chamber of Commerce. It is a recognized regional center for scientific research, and home to the National High Magnetic Field Laboratory. In 2015, Tallahassee was awarded the All-America City Award by the National Civic League for the second time.
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