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Class A Office Building - Summit East 1591 Summit Lake Dr 18,624 SF Office Building Tallahassee, FL 32317 $4,110,264 CAD ($220.70 CAD/SF)
Investment Highlights
- Ownership would prefer to lease back the second floor, terms negotiable.
- Has finished 2,227 SF attic area (included in gross SF).
- Summit East is a technology and amenity driven SMART campus style office park.
- Prestigious two-story office building features high ceilings, custom moldings and high-grade finishes.
- Potential Corporate Headquarters or Regional Office
- Offers amenities such as an onsite hotel, daycare, as well as green space, a nature trail, and a beautiful lake.
Executive Summary
Oakview Building at Summit East presents an exceptional opportunity to acquire a prestigious Class A office property in one of Tallahassee’s premier professional business parks. Offered at $2,950,000, the two-story, 18,624-square-foot building is situated on 1.23 acres and features an impressive professional design with high ceilings, custom millwork, quality finishes and a flexible floor plan capable of accommodating a variety of office users.
Built in 2007, the property provides approximately 9,312 square feet per floor, along with a finished 2,227-square-foot attic area included within the building’s gross square footage. The building’s configuration offers excellent potential for an owner-user, investor or organization seeking a prominent headquarters location.
Ownership would prefer to lease back the second floor, with terms negotiable, providing a potential income component for a new owner.
Located within Summit East, a technology- and amenity-oriented SMART office campus, the property benefits from a professional environment featuring an onsite hotel, childcare services, green space, walking trails and a scenic lake. The combination of Class A construction, flexible occupancy potential and campus-style amenities makes 1591 Summit Lake Drive a compelling acquisition opportunity in Tallahassee’s eastern office market.
The property also benefits from its location within Tallahassee’s expanding eastern growth corridor. Residential development in the Buck Lake, Fallschase, SouthWood and eastern Leon County areas continues to expand the nearby professional labor pool and customer base. The broader interchange area has also attracted significant investment, including the Amazon fulfillment facility and planned residential and commercial development associated with the Welaunee area. These projects are expected to further strengthen eastern Tallahassee as an employment, residential and commercial destination.
Built in 2007, the property provides approximately 9,312 square feet per floor, along with a finished 2,227-square-foot attic area included within the building’s gross square footage. The building’s configuration offers excellent potential for an owner-user, investor or organization seeking a prominent headquarters location.
Ownership would prefer to lease back the second floor, with terms negotiable, providing a potential income component for a new owner.
Located within Summit East, a technology- and amenity-oriented SMART office campus, the property benefits from a professional environment featuring an onsite hotel, childcare services, green space, walking trails and a scenic lake. The combination of Class A construction, flexible occupancy potential and campus-style amenities makes 1591 Summit Lake Drive a compelling acquisition opportunity in Tallahassee’s eastern office market.
The property also benefits from its location within Tallahassee’s expanding eastern growth corridor. Residential development in the Buck Lake, Fallschase, SouthWood and eastern Leon County areas continues to expand the nearby professional labor pool and customer base. The broader interchange area has also attracted significant investment, including the Amazon fulfillment facility and planned residential and commercial development associated with the Welaunee area. These projects are expected to further strengthen eastern Tallahassee as an employment, residential and commercial destination.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,624 SF
Building Class
A
Year Built
2007
Price
$4,110,264 CAD
Price Per SF
$220.70 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,312 SF
Slab To Slab
11’
Building FAR
0.35
Lot Size
1.23 AC
Zoning
IC - Intended for high-intensity commercial and employment uses that benefit from proximity to an Interstate 10 interchange
Parking
30 Spaces (1.61 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Air Conditioning
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 12-17-25-00C-002.0 | Improvements Assessment | $2,781,710 CAD |
| Land Assessment | $585,825 CAD | Total Assessment | $3,367,534 CAD |
Property Taxes
Parcel Number
12-17-25-00C-002.0
Land Assessment
$585,825 CAD
Improvements Assessment
$2,781,710 CAD
Total Assessment
$3,367,534 CAD
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Class A Office Building - Summit East | 1591 Summit Lake Dr
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