2020 West Pensacola Street Retail
  • Asking Rent
    $27/SF/YrAsking Rent
  • Lease Type
    NNNLease Type
  • Available GLA
    7,527 SFAvailable GLA
  • Min Divisible
    2,066 SFMin Divisible
  • Size
    152,220 SFSize
  • Availability Date
    NowAvailability Date

Description

West End Square offers three in-line retail suites at 2020 West Pensacola Street in Tallahassee, Florida. The approximately 152,220 SF neighborhood shopping center is anchored by ALDI, with additional co-tenants including Five Below, Planet Fitness, Aaron’s Furniture, Plato’s Closet, USPS and Little Caesars. The property is in the FSU retail submarket, approximately one mile west of Florida State University and Doak Campbell Stadium.

The available spaces total 7,527 SF: Store 130 contains 2,066 SF, Store 135 contains 2,946 SF, and Store 140 contains 2,515 SF. Each store is offered separately and is available now. These are in-line spaces within the existing shopping center; the availability figures describe the three stores rather than the full center. Retail, restaurant and service concepts are potential uses subject to landlord approval, zoning and the requirements of the individual business.

Base asking rent is $27.00 per square foot per year on a triple-net basis. Additional annual charges are $4.17/SF for common area maintenance, $0.97/SF for insurance and $1.30/SF for real estate taxes. These charges total $6.44/SF/year, producing a stated combined base rent and pass-through amount of $33.44/SF/year. Lease term, delivery condition, tenant improvements and permitted use remain subject to agreement.

The center provides approximately 800 parking spaces. Access includes three entry and exit points along Pensacola Street and two additional access points from Ocala Road. Tennessee Street/US-90 lies just north of the property, and Interstate 10 is approximately three miles north. This location serves the surrounding residential neighborhoods and the nearby university community.

Listing Summary

  • Asking Rate
    27
  • Total Availability
    7527
  • Min Divisible
    2066
  • Property Type
    Retail
  • Size
    152,220 SF
  • Available
    7,527 SF
  • Built
    1978
  • Parking
    800
  • Total Acres
    ~12.28 ac

Documents

Property Address

2020 West Pensacola Street
Tallahassee, FL 32304

Property Details

  • Property Type
    Retail
  • Year Built
    1978
  • Total Parking
    800
  • Operating Expenses
    $6.44/SF/year
  • Lease Type
    NNN
  • Zoning
    University Village PUD
  • APN
    2134510001130
  • Gross Leasable Area
    152,220 SF
  • Available GLA
    7,527 SF
  • Acres
    12.28

3 Spaces Available

to

STORE 130

2,066 Rentable Sq. Ft.

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STORE 135

2,946 Rentable Sq. Ft.

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STORE 140

2,515 Rentable Sq. Ft.

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Deal Team

Tracy Waters profile image

Tracy Waters

Senior Advisor, CCIM
Premier Commercial Group
FL RE Lic. #SL3655210