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Magnolia Park Shopping Center 111 S Magnolia Dr 2,368 - 16,633 SF of Space Available in Tallahassee, FL 32301
HIGHLIGHTS
- Signage on 3 Major Roads
- Beautiful Courtyard Environment
- Centrally Located next to Capital Health Plan & 1 mile to Tallahassee Memorial Hospital
- Plenty of Parking (438 spaces)
- 1st & 2nd Floor Space Available w/ Elevator
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1B | 4,871 SF | Negotiable | $16.59 CAD/SF/YR $1.38 CAD/SF/MO $80,810 CAD/YR $6,734 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 1G | 2,368 SF | Negotiable | $16.59 CAD/SF/YR $1.38 CAD/SF/MO $39,285 CAD/YR $3,274 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 2A | 5,731 SF | Negotiable | $16.59 CAD/SF/YR $1.38 CAD/SF/MO $95,077 CAD/YR $7,923 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 2B | 3,663 SF | Negotiable | $16.59 CAD/SF/YR $1.38 CAD/SF/MO $60,769 CAD/YR $5,064 CAD/MO | Modified Gross |
111 S Magnolia Dr - 1st Floor - Ste 1B
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
111 S Magnolia Dr - 1st Floor - Ste 1G
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
111 S Magnolia Dr - 2nd Floor - Ste 2A
Upstairs space overlooking courtyard. 26 offices with conference room and private restrooms.
- Listed rate may not include certain utilities, building services and property expenses
- Fits 15 - 46 People
111 S Magnolia Dr - 2nd Floor - Ste 2B
Upstairs space overlooking courtyard. 21 rooms.
- Listed rate may not include certain utilities, building services and property expenses
- Fits 10 - 30 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 16,633 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 87,323 SF |
| Parking | 440 Spaces | Total Land Area | 20.47 AC |
| Center Properties | 4 | Year Built | 1987 |
| Total Space Available | 16,633 SF |
| Center Type | Neighborhood Center |
| Parking | 440 Spaces |
| Center Properties | 4 |
| Frontage | |
| Gross Leasable Area | 87,323 SF |
| Total Land Area | 20.47 AC |
| Year Built | 1987 |
ABOUT THE PROPERTY
The Courtyard at Magnolia Park Shopping Center is an oasis of tranquility in the hub of new development. Beautiful brick courtyard with wrap around balcony, center fountain and lush landscape. Join established iconic Tallahassee merchants: Little Italy, Dorothy's Skin Care, Journey's in Yoga, Children's Health Associates, and Children's Campaign of Florida. Tenant pays utilities and janitorial. Magnolia Drive between Park Avenue and Governors Square Blvd. Centrally Located next to Capital Health Plan & 1 Mile to Tallahassee Memorial Hospital.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Magnolia Park Shopping Center | 111 S Magnolia Dr
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