Office•Office Building•For Lease

Northeast Piedmont Office Suite 1,325 SF

1425 Piedmont Drive Suite 101A, Tallahassee, Florida 32308

Lease Rate $20.00 /SqFt FS
Sale Type Investment
Zoning OR-3 Office Residential
Bldg Type Multi-Tenant
Class B
Year Built 1993
Year Renovated 2018
Stories 3
Vacancy 94%
Gross Bldg 20,912 SqFt
Total Avail 1,325 SqFt
Avail 1,325 to 0 SqFt
Land Area 1.16 Acres
Ceiling Height 9.0 Ft
Market Tallahassee
Sub-Market Northeast
100% Occupied Office Investment Opportunity in prestigious professional office park. Building is in great condition and has been well maintained during the current owner occupant's tenancy with some floors renovated in 2018. Will provide stable cash flow with great unit sizes. All leases are Full Service. Private, updated office suite with updated finishes. Located along Thomasville Road in the Piedmont Drive office park. Just 2 minutes from I-10 and 5 minutes from Midtown.
  • In-Place Cap Rate 7.90%
  • Average Term is 3.4 Years
  • Full Service Lease Structure
  • Current Owner/Occupant Will Sign New 5-Year Lease (39% GLA)
  • Desirable Location Along Thomasville Road in NE Tallahassee.
  • 4 Offices
  • 1 Conference Room
  • 2 Private Restroom
  • Turn Key Suite
  • Northeast Tallahassee Minutes to I-10 and Market District

1 Spaces

Office Building
1,325 SqFt
$20.00 FS
8/1/2020
2/11/2020 4:39:19 PM 2/25/2020 7:26:05 PM

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