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Lafayette Place 3111 Mahan Dr 1,400 - 41,400 SF of Retail Space Available in Tallahassee, FL 32308
HIGHLIGHTS
- Heavy traffic, easy access at lighted intersection, ample parking
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,000-40,000 SF | 11’ - 18’ | 1-20 Years | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 25 | 1,400 SF | - | 1-20 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
3111-3121 Mahan Dr - 1st Floor
- Located in-line with other retail
- Finished Ceilings: 11’ - 18’
- Prime Retail Position
3111-3121 Mahan Dr - 1st Floor - Ste 25
- Located in-line with other retail
- Space In Need of Renovation
- Prime Retail Position
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 | 41,400 SF | Center Properties | 1 |
| Min. Divisible | 1,400 SF | Frontage | 671’ on Mahan |
| Center Type | Neighborhood Center | Gross Leasable Area | 94,875 SF |
| Parking | 420 Spaces | Total Land Area | 12.22 AC |
| Stores | 1 | Year Built | 1987 |
| Total Space Available | 41,400 SF |
| Min. Divisible | 1,400 SF |
| Center Type | Neighborhood Center |
| Parking | 420 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 671’ on Mahan |
| Gross Leasable Area | 94,875 SF |
| Total Land Area | 12.22 AC |
| Year Built | 1987 |
ABOUT THE PROPERTY
Lafayette Place is a high-visibility retail center strategically positioned at 3111 Mahan Drive in Tallahassee, located at the southeast corner of Mahan Drive and Weems Road, just off Capital Circle NE. The site benefits from exceptional traffic exposure, with 39,000 vehicles per day on Mahan Drive and 52,000 on Capital Circle NE. Dedicated turn lanes and a signalized intersection provide direct, convenient access to the center. Ownership has recently taken possession of the former Big Lots space (±40,000 SF) and is actively re-tenanting approximately 22,000 SF with a national organic grocery store, anchoring the property’s repositioning. Plans also include a new outparcel for a national bank and a comprehensive exterior renovation, delivering a fresh, contemporary retail environment that will enhance visibility and attract strong co-tenancy.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Lafayette Place | 3111 Mahan Dr
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