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N Monroe St Investment Property 4030 N Monroe St 14,500 SF Flex Building Tallahassee, FL 32303 $2,226,492 CAD ($153.55 CAD/SF) 7.84% Cap Rate

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EXECUTIVE SUMMARY

Class A Office/Warehouse Building on N Monroe St (US 27). First floor is comprised of 14 offices, 2 break areas, 4200 square feet of conditioned warehouse space, 3200 squre feet of open fabrication space. Upstairs features 3400 square feet of open storage and a 1500 square foot well appointed apartment..Well built, in excellent condition. 208/120 and 408/277 3 phase electrical panels. Traffic count 30,000 vpd
Credit Tenant is in place through June 2026. Ideal for e commerce, distribution, light manufacturing or fabrication.

ATTACHMENTS

4030 N Monroe

PROPERTY FACTS

Price $2,226,492 CAD
Price Per SF $153.55 CAD
Sale Type Investment
Cap Rate 7.84%
Property Type Flex
Property Subtype Light Distribution
Building Class B
Lot Size 1.85 AC
Rentable Building Area 14,500 SF
No. Stories 2
Year Built 2005
Tenancy Single
Parking Ratio 2.21/1,000 SF
Zoning C-2 - C-2 Zoning. Flexible commercial zoning.

AMENITIES

  • 24 Hour Access
  • Front Loading
  • Security System
  • Skylights
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - County
  • Sewer - County
  • Heating - Electric

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-04-51-000-006.0
Land Assessment
$203,323 CAD
Improvements Assessment
$826,580 CAD
Total Assessment
$1,029,903 CAD
  • Listing ID: 29517713

  • Date on Market: 2023-09-14

  • Last Updated:

  • Address: 4030 N Monroe St, Tallahassee, FL 32303

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