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Ashley Building 1321 Executive Center Dr 49,952 SF 100% Leased Office Building Tallahassee, FL 32301 $7,963,232 CAD ($159.42 CAD/SF) 14.67% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Full Building Generator
  • Fully Renovated Inside, New Landscaping
  • 8/12 New HVAC Units

EXECUTIVE SUMMARY

For Sale!
Fully Leased Property that was completely renovated in 2024/2025.
Current tenant in 11,922 RSF will sign new lease through 3/2031.
GSA Tenant leasing 35,617 RSF through 4/2027.
Whole Building Generator
Extensive Parking

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
49,952 SF
Building Class
B
Year Built/Renovated
1972/2024
Price
$7,963,232 CAD
Price Per SF
$159.42 CAD
Cap Rate
14.67%
NOI
$1,168,424 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
24,976 SF
Building FAR
0.38
Lot Size
2.98 AC
Zoning
AC - Activity Center
Parking
180 Spaces (3.6 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Atrium
  • Conferencing Facility
  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Outdoor Seating
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • GSA
  • Administrative and Support Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • TNC Pain Management
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
GSA Administrative and Support Services 99,999 SF $9.99 Lorem Ipsum -
TNC Pain Management Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,200-10,000 SF
  • Office
  • Full Build-Out
  • Now

Ready now and move in ready condition with new carpet and fresh paint already in place.

  • 2nd Floor
  • 1,200-25,000 SF
  • Office
  • Full Build-Out
  • Now

Elevator-served floor with the potential for flexible layout.

Space Size Space Use Condition Available
1st Floor 1,200-10,000 SF Office Full Build-Out Now
2nd Floor 1,200-25,000 SF Office Full Build-Out Now

1st Floor

Size
1,200-10,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
1,200-25,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 1,200-10,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Ready now and move in ready condition with new carpet and fresh paint already in place.

2nd Floor

Size 1,200-25,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Elevator-served floor with the potential for flexible layout.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31-04-40-00B-002.0
Land Assessment
$1,089,089 CAD
Improvements Assessment
$2,225,969 CAD
Total Assessment
$3,315,058 CAD
  • Listing ID: 38703102

  • Date on Market: 2025-12-09

  • Last Updated:

  • Address: 1321 Executive Center Dr, Tallahassee, FL 32301

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