336 E College Ave - Stabilized Office Investment for Sale
BOUTIQUE OFFICE INVESTMENT
Marketing description
Positioned in the heart of Downtown Tallahassee, 336 College Avenue presents a compelling opportunity to acquire a stabilized office asset in one of the city’s most active business corridors. This well-located property benefits from immediate proximity to the Florida State Capitol, government offices, financial institutions, and a wide array of dining and retail amenities.
The building is currently 90% leased, offering investors strong in-place cash flow with minimal vacancy exposure. With a diverse tenant mix and consistent occupancy history, the asset provides both stability and potential upside through lease-up of the remaining space and future rental growth. Offered at $2.1 million, the property delivers an attractive 8% cap rate, making it a highly competitive investment in today’s market. Its central location, walkability, and accessibility make it particularly appealing to professional and governmental tenants.
Investment highlights
- Landmark" building located in the Downtown Tallahassee
- 90% Leased
- 8% CAP
- Numerous Capital Improvement/Upgrades
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