For Lease
$18.50-$21 /SF/YR

1203 Governors Square BlvdTallahassee, FL 32301

Executive & Medical Suites, 10,979 SF Vacant

Overview

Added:
Dec 11, 2024
Days on market:
114
Magnolia Centre I, located at 1203 Governors Square Blvd in Tallahassee, Florida (zip code 32301), offers a prime opportunity for businesses seeking executive or medical office space. This Class B building boasts a total of 58,176 square feet, with flexible floor plans accommodating various needs. Currently, 10,979 square feet of space is available, divisible into units as small as 1,872 square feet, with a maximum contiguous space of 3,480 square feet. Four spaces are currently available, ranging from 1,576 to 6,655 square feet. The building features two elevators and ample parking with a 5:1000 ratio. Each floor comprises 9,700 square feet, allowing for customizable layouts, from open floor plans to more traditional office setups. The building's location offers convenient access to key state government agencies, including Lottery Headquarters and FL-DOT Headquarters, while providing competitive lease terms. This downtown Tallahassee location offers significant value compared to typical market rates. The property is suitable for multiple tenants and caters to various business types, including executive offices, medical offices, back offices, professional services, government entities, and institutional users.

Highlights

  • New Ownership and Management.
  • $1M+ in Planned Capital Improvements for 2023.
  • Ample Free Surface Parking (4 spaces per 1000 square feet).
  • On-site Generator and Fiber Optics.

Property Details for 1203 Governors Square Blvd

Property type
Office properties, Medical offices
RSF (Rentable sq. ft)
58,176 SF
Class
B

Unit(s) available at that property

Space
602
Size
1,576 SF
Rate per SF
$21
Space
Suite 301
Size
1,872 SF
Rate per SF
$19.50
Space
200
Size
6,655 SF
Rate per SF
$18.50
Space
Suite 201
Size
2,555 SF
Rate per SF
$18.50

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.4394516
Longitude
-84.2638472
1203 Governors Square Blvd, Tallahassee, Florida

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1203 Governors Square Blvd
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