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313 N Monroe St
Tallahassee, FL 32301
Gateway Center · Retail Property for Lease
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13,706 SF
SUBLEASE HIGHLIGHTS
- Prime downtown location at Tallahassee’s busiest intersection with ±72,500 VPD
- 40 exclusive parking spaces including underground garage access
- Long-term lease stability through May 2039
- Freestanding retail building with drive-thru and dual-level layout
- Surrounded by major civic institutions and Florida State University
- Prominent building signage and triple street frontage
PROPERTY FACTS
PROPERTY OVERVIEW
Positioned at the northeast corner of Tennessee and Monroe Streets, 313 N. Monroe Street offers a rare sublease opportunity in the heart of Downtown Tallahassee. This freestanding retail building, constructed in 2014, features ±13,706 square feet across two levels and includes a drive-thru, making it ideal for a wide range of retail uses. The site benefits from exceptional visibility and access, with frontage on three major streets—Tennessee, Monroe, and N. Calhoun—and traffic counts exceeding 72,500 vehicles per day. The property includes 40 exclusive parking spaces, with a mix of surface and underground options, and prominent building signage. Located within a half-mile of key civic and institutional anchors such as the Florida State Capitol, City Hall, Leon County Courthouse, and Florida State University, the site is surrounded by a dense daytime population and strong pedestrian flow. Restrictions on pharmacy and veterinary uses apply, preserving the integrity of the existing tenant mix, which includes Berger Singerman and Morgan & Morgan. With a master lease extending through May 2039, this offering provides long-term stability and immediate occupancy. The suggested rent is $105,000 annually plus sales tax, delivered in “as-is” condition. Offers are evaluated as received and subject to approval by Walgreen Co.’s Real Estate Committee.
