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- LoopNet Team
1425 Piedmont Dr E
Tallahassee, FL 32308
Office Property For Sale
Investment Highlights
- $1,600,000 | $76.51 PSF
- Below Market Rents | Avg. Rent $14 PSF
- Current Owner/Occupant can stay or vacate (~8,000 SF)
- Well Below Replacement Cost
- Full Service Lease Structure
- Desirable Location Along Thomasville Road in NE Tallahassee.
PROPERTY FACTS
About 1425 Piedmont Dr E , Tallahassee, FL 32308
100% Occupied Office Investment Opportunity in prestigious professional office park. Building is in great condition and has been well maintained during the current owner occupant's tenancy with some floors renovated in 2018. Will provide stable cash flow with great unit sizes. All leases are Full Service. Well Below Replacement Cost Average Term is 3.4 Years Below Market Rents | Avg. Rent $15.20 PSF Full Service Lease Structure Current Owner/Occupant on New 5-Year Lease (39% GLA) Desirable Location Along Thomasville Road in NE Tallahassee. Ample Private Parking
PROPERTY TAXES
| Parcel Number | 11-08-25-00A-009.0 | Improvements Assessment | $1,233,648 |
| Land Assessment | $265,277 | Total Assessment | $1,498,925 |
PROPERTY TAXES
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