1327 South Monroe Street Retail
  • Asking Rent
    $24/SF/YrAsking Rent
  • Lease Type
    NNNLease Type
  • Available GLA
    3,880 SFAvailable GLA
  • Traffic Count
    27500Traffic Count
  • Max Contiguous
    2,500 SFMax Contiguous
  • Min Divisible
    1,380 SFMin Divisible

Description

SoMo Walls offers two retail suites at 1327 South Monroe Street in Tallahassee’s arts and entertainment corridor. This leasing offering comprises approximately 3,880 square feet: Suite 102 at approximately 2,500 square feet and Suite 104 at approximately 1,380 square feet. The spaces share an approximately 1,800-square-foot outdoor patio, with one-half allocated to each suite. Patio area is separate from the quoted interior suite areas.

Both suites are offered in grey-shell condition at $24 per square foot per year, triple net. Estimated NNN charges are $7 per square foot per year, producing an estimated combined base-rent-plus-NNN amount of $31 per square foot per year. Tenant improvements are offered, with the allowance and final specifications to be negotiated. Final availability, permitted use, lease term and commencement date require confirmation.

Suite 102 includes 400-amp electrical service and ten tons of air conditioning through two five-ton units. Suite 104 includes 200-amp service, a five-ton air-conditioning unit and room for a walk-up service window. The advertised delivery includes installed fire sprinklers, gas lines and grease traps, with plumbing and electrical systems stubbed for tenant build-out. The development provides 68 parking spaces plus overflow parking.

The property sits between Oakland Avenue and Harrison Street, across from Proof Brewing Company and near Cascades Park and downtown. Public art, dining, fitness, coffee and event-oriented uses form the surrounding SoMo Walls destination. County records identify a 2.28-acre site and 2024 construction, with 22,502 square feet of heated space for the overall center. The 3,880-square-foot figure in this offering covers only the two marketed suites. Official GIS identifies CU-45 Central Urban zoning; proposed uses remain subject to applicable approvals and restrictions.

Listing Summary

  • Asking Rate
    24
  • Total Availability
    3880
  • Min Divisible
    1,380
  • Max Divisible
    2,500
  • Property Type
    Retail
  • Size
    3,880 SF
  • Available
    3,880 SF
  • Built
    2024
  • Parking
    68
  • Total Acres
    ~2.28 ac

Documents

Property Address

1327 South Monroe Street
Tallahassee, FL 32301

Property Details

  • Property Type
    Retail
  • Year Built
    2024
  • Total Parking
    68
  • Operating Expenses
    $7/SF/year
  • Lease Type
    NNN
  • Zoning
    CU-45 – Central Urban
  • APN
    4101200340000
  • Gross Leasable Area
    3,880 SF
  • Available GLA
    3,880 SF
  • Traffic Count
    27,500 AADT
  • Acres
    2.28

2 Spaces Available

to

Suite 102

2,500 Rentable Sq. Ft.

More Details

Suite 104

1,380 Rentable Sq. Ft.

More Details

Deal Team

Tracy Waters profile image

Tracy Waters

Senior Advisor, CCIM
Premier Commercial Group
FL RE Lic. #SL3655210
Makena Gonzalez profile image

Makena Gonzalez

Commercial Advisor
Premier Commercial Group
FL RE Lic. SL3713038
Isabella Dimeo profile image

Isabella Dimeo

Commercial Advisor, Senior Marketing Associate
Premier Commercial Group
FL RE Lic. SL3712792