4051 Lagniappe WayTallahassee, FL 32317

Property Details for 4051 Lagniappe Way

Year built

2015

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

7.69 AC

Property size (Sq ft)

19,740 SF

Property type

Retail properties

Property subtype

Community centers

APN

11-27-30-000-004-2

APU

1127300000042

Description

Exceptional opportunity to acquire a prime 20,000 square foot commercial land parcel situated within the thriving Fallschase Village Center in Northeast Tallahassee, Florida. This single-tenant pad site boasts exceptional visibility on Lagniappe Way, strategically positioned between a Dollar Tree and Walmart. The property benefits from its location within a high-traffic retail corridor, boasting an impressive 38,000 AADT (Average Annual Daily Traffic) at the Lagniappe Way and Mahan Drive intersection. Existing tenants in the plaza include well-established national retailers such as Boot Barn, Bass Pro Shops, and Costco, ensuring a strong and diverse tenant mix. Further enhancing the location's appeal are nearby CMX Cinemas, Academy Sports, Burger King, Subway, McDonald's, Applebees, and a Patients First Walk-In Clinic, along with numerous other national and local businesses and professional services. The surrounding area is also characterized by a significant concentration of high-end apartment complexes and single-family homes, providing a substantial residential base for the retail center. This property is zoned for retail development and offers the flexibility of a ground lease or build-to-suit option, catering to a variety of development scenarios. The site is fully entitled for the construction of up to 20,000 square feet of retail space. This presents a rare opportunity to establish a presence in a highly desirable and rapidly growing retail market. Located in Leon County, Florida, with the address 4051 Lagniappe Way, Tallahassee, FL 32317.

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4611

Longitude

-84.2152

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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