3692 Coolidge Ct - Office FOR SALE


Tallahassee, FL 32311
$3,500,000 USD
850-545-5649
3692 Coolidge Ct, Tallahassee, FL for Sale
$3,500,000 USD
Office - FOR SALE
1/20
null | 4.05% Cap Rate

3692 Coolidge Ct
Tallahassee, FL 32311


HIGHLIGHTS

  • Desirable Southwood Location
  • Class "A" Building
  • Quality Commercial Construction

OVERVIEW

3692 Coolidge Court is a 29,328sf, 2-story, Class “A” office building situated on 2.82 acres in the popular upscale Southwood community in SE Tallahassee. With a strong tenant in place on the 2nd floor and vacant space available for lease or use by owner/occupant, this 1st class building presents an excellent opportunity for an owner/user or investor. 50% of the building, 14,664sf (the entire 2nd floor) is occupied by the League of Southeastern Credit Unions (LSCU). LSCU has occupied the building since 2013 and their lease runs through December 2026. In addition to paying rent, LSCU’s lease requires them to reimburse the Landlord for 50% of the building’s utility bill and provide for a facilities manager to oversee the building. There is currently 8,373SF available for lease or use by an owner/user on the 1st floor.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

4.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.82 AC

LAND SF

122,839 SF

ZONING

PUD

APN/PARCEL ID

31-16-26-00C-010.0

ASK ABOUT THIS PROPERTY

Jim Taube, CCIMNAI TALCORMore Info
850-545-5649

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Jim Taube, CCIMNAI TALCORMore Info
850-545-5649

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.