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).
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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1203 Governors Square Blvd
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