5067 TENNESSEE CAPITAL BLVD new

Tallahassee,FL 32303

$ 8000000

- Bed

0 Bath

36296 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 36,296 sqft

Price per Sqft $220

Subdivision Tennessee Capital Center

MLS Listing ID O6294595

HOA Y/N No

Originating Board Stellar MLS

Year Built 2005

Annual Tax Amount $60,509

Lot Size 4.280 Acres

Acres 4.28

Property Sub-Type Office

Property Description

5% Cap Rate! Imagine securing a long-term lease with one of the strongest tenants in the country — State of Florida! The State guarantees you unmatched stability and reliability with its notable AAA investment rating. This isn't just a lease; it's a partnership with a financially robust institution known for its commitment to fiscal responsibility. Don't miss this opportunity to invest in a partnership that promises security and growth—let Florida State be your trusted tenant!

All required improvements for the tenant have been completed. The HVAC system was replaced in 2021, and the membrane roofing has been redone. New awnings, a loading dock lift, bathrooms, and flooring have also been installed. These upgrades ensure that the property effectively meets the tenant's needs.

Location

State FL

County Leon

Community Tennessee Capital Center

Zoning AC

Interior

Cooling Central Air

Building

Foundation Block

Lot Size Range 2 to less than 5

Structure Type Concrete

New Construction false

Others

Ownership Corporation

Special Listing Condition None

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