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20942802
28046101

336 E College Ave, Tallahassee, FL 32301

Stirling Properties, LLC
Stirling Properties, LLC
Listed by Stirling Properties, LLC
$2,100,000
544 days on market
Updated 33 days ago

336 E College Ave - Stabilized Office Investment for Sale

Details
APN 2136250761310
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 15,084
Cap Rate 8.00%
NOI $171,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Price per SqFt $163
Broker Co-Op Yes
Class C
Year Built 1988
Buildings 1
Stories 3
Acreage 0.120
Zoning CC
Parking Spaces 5 spaces
Parking Per SqFt 0.33
Investment Type Stabilized
Ground Lease No

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

Listing Contacts

Stirling Properties, LLC
Stirling Properties, LLC
Listed by Stirling Properties, LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,000.00
$14,250.00/mo

Valuation Metrics

0
DSCR
8.14%
Cap Rate
8.14%
ROI

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Additional Information

Name
Justin Beck, CCIM, CPM
License
FL 3118299
Brokerage
Stirling
Title
VP of Florida Region
Brokerage Address
125 West Romana Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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