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Highlights

  • Only regional shopping mall within a 100-mile radius of Tallahassee.
  • Interior mall access and exterior entrances.
  • 22.54 acres available for ground lease, with subdividable parcels.
  • Former Sears box totaling 180,000+ SF across two levels.
  • Positioned near Florida State University and Florida A&M University.
  • Anchored by JCPenney and Dillard’s.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 180,899 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Availability
Now

Vacant two-story big box space available with interior and exterior mall entrances. Total of 180,000+ SF • 100,067 SF lower level • 80,832 SF upper level

Space Size Term Rental Rate Rent Type
1st Floor 180,899 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

1st Floor

Size
180,899 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Availability
Now

Vacant two-story big box space available with interior and exterior mall entrances. Total of 180,000+ SF • 100,067 SF lower level • 80,832 SF upper level

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.

Select Tenants at 1500 Apalachee Pky, Tallahassee, FL 32301

  • Tenant
  • Description
  • US Locations
  • Reach
  • Aldo
  • Retailer
  • -
  • -
  • Dillards
  • Retailer
  • -
  • -
  • Sephora
  • Retailer
  • -
  • -
  • Vans
  • Retailer
  • -
  • -
  • Victoria's Secret
  • Retailer
  • -
  • -
  • Windsor
  • Retailer
  • -
  • -
Tenant Description US Locations Reach
Aldo Retailer - -
Dillards Retailer - -
Sephora Retailer - -
Vans Retailer - -
Victoria's Secret Retailer - -
Windsor Retailer - -

Property Facts

Total Space Available 180,899 SF
Property Type Retail
Property Subtype Department Store
Gross Leasable Area 180,899 SF
Total Land Area 17.44 AC
Year Built/Renovated 1979/1985
Parking Ratio 4.03/1,000 SF

About the Property

Governor’s Square is a regional shopping mall located at 1500 Apalachee Parkway in Tallahassee, Florida. The property comprises more than 1.1 million square feet of retail space and serves as the only regional mall within a 100-mile radius of the Tallahassee market. Anchored by JCPenney and Dillard’s, the center is positioned approximately two miles from Florida State University and benefits from proximity to Florida A&M University, state government offices, and major employment centers. The former Sears parcel presents both large-format leasing and ground lease opportunities within an established retail environment.

  • Dedicated Turn Lane
  • Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Sarku Japan
Cajun Cafe
Checkers
Applebee's
Chicken Salad Chick
BJ's Restaurant & Brewhouse
Five Star Pizza
Pure Barre
Publix
Capital City Bank
  • Listing ID: 40515301

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 1500 Apalachee Pky, Tallahassee, FL 32301

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