For Sale
Call for price

113 Monroe StTallahassee, FL 32301

9,000 SF Office, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 9,000 square foot Class A office condo, located at 113 S Monroe St in Tallahassee, Florida, presents a compelling value-add investment opportunity. Built in 2009, the single-story building features a modern design and efficient floor plan, situated on a highly visible and accessible location in the heart of downtown Tallahassee. Currently leased to a single tenant under a gross lease agreement until September 30, 2029, with a remaining lease term of approximately 4.9 years, this property offers a stable income stream with significant upside potential. The property is zoned CC, allowing for versatile office uses. The building boasts 9 dedicated parking spaces, adding to its convenience and appeal. Its contemporary design and well-maintained condition, combined with its prime location and ample amenities in the surrounding area, make this a highly desirable asset for investors seeking a strong return in a stable market. The property's below-market lease rate presents a clear opportunity for value enhancement. This is a rare chance to acquire a prominent office space in Tallahassee's thriving downtown area. The property's location provides excellent visibility and accessibility, making it an ideal choice for a variety of professional and corporate tenants.

Highlights

  • 9,000 SF modern office condo built in 2009.
  • CC zoning allows versatile office uses.
  • Prime Downtown Tallahassee location with high visibility and accessibility.
  • Efficient, flexible floor plan with contemporary design.
  • Well-maintained building near numerous amenities.
  • Ideal for professional and corporate tenants.

Property Details for 113 Monroe St

Property type
Office properties
Square Feet
9,000 SF
Class
A
Year Built
2009
Buildings
1
Stories
1
Units
1

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.441303
Longitude
-84.2803476
113 Monroe St, Tallahassee, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
113 Monroe St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message