2728 Ox Bottom Rd – 6,925 SF Retail

Ox Bottom Meadows Portfolio is a four-lot retail offering at 2728 Ox Bottom Road in Tallahassee, FL 32312, within the Ox Bottom / Killearn / Bradfordville submarket. Its 6,925 SF of gross leasable area pairs established retail tenancy with two pads for future development.

The leased buildings include a 4,500 SF multi-tenant property occupied by Trulieve and Surchero’s Fresh-Mex and a 2,425 SF single-tenant Starbucks drive-thru. Portfolio occupancy is 100%, with $553,750 in in-place rents. The combination gives a buyer income from three tenants across two retail formats. The two additional pads create a separate path to expanding the property’s income base without relying on turnover in the occupied buildings.

The Property sits at the hard-corner intersection of Ox Bottom Road and Thomasville Road, where traffic is 51,500 AADT. A rear pad sits behind Trulieve, while the other pad is planned for a drive-thru, giving each a distinct position within the development. Directly behind the project, 300 apartments are under construction, adding a walkable customer base. The surrounding retail mix includes Publix, Chick-fil-A, Walgreens and Panera Bread, placing the portfolio among established shopping and dining destinations.

Offered at $13,000,000, or $1,877.26 PSF, the portfolio brings current rent and future pad development into one purchase. The 4,000 SF of availability relates to the offering’s expansion component, not vacancy in the occupied buildings. For an investor, the distinction is central: existing tenants establish the income position, while the pads leave room to pursue additional leasing and development. Review the Offering Memorandum for the full offering.