327 Office Plaza Drive, Tallahassee, FL

Office for Sale - $1,125,000 - 15,000 Sq. Ft. on 0.52 acres


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Agent Info

Nameharold feener, ccim

Property Info

CIMLS #1043491
Location327 Office Plaza Drive
Tallahassee FL 32301
Last UpdatedApril 6th, 2019
TypeOffice
Price$1,125,000
Building15,000 Sq. Ft.
Land0.52 acres
DemographicsView data

Contact


Property Description

Well located to downtown and direct drive to FSU with each access to Capital Circle, Park Avenue and Appalachee Parkway. Office Plaza Drive is going through a renewal and this building has been renovated and is scheduled for completing 4/2019.

New Architectural budding details, paint, interior painting, common area flooring, restroom renovations, rekeying and master lock matching, LED and motion centered lighting, electronic and 24-hour access features. Fire Optics are terminated into building.

Building was vacated for renovation, except for 5 existing tenants (representing 24% occupancy) who wished to remain. All tenants are on month to month lease. 2 tenants have been in the building over 25 years (Accounting and dental).

Original building configuration was established as 40 - 300 sf office format. Over time, configurations have been modified to include 300 to 1200 sf office spaces.

Existing space can be modified and built to suite. Both 1st and 2nd floors are available for a dedicated tenant. Great building formate for open configurations using cubicle deigns.

Building in lease up phase starting May 1, 2019.


Financials

Current tenants pay $12.00 to $13.78 sf

Stated Lease Rates $12.00 sf to $16.00 sf

Landlord provides utilities, water, sewer, trash, common area janitorial and building maintenance.

Tenant responsible for janitorial in office,

Owner Financing with 35% down

Brokers Protected and Welcomed.



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