15
See all 15 photos
$8,000,000
Est. payment /mo
36,296 SqFt
New
5067 TENNESSEE CAPITAL BLVD Tallahassee, FL 32303
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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.
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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Listed by YELLOW ROCK REALTY CORP