Red Owl & Mahan Plaza Retail FOR SALE


Tallahassee, FL - Miccosukee Greenway
$8,720,000 USD
850-545-2282
, Tallahassee, FL for Sale
$8,720,000 USD
Retail - FOR SALE
1/12
null | 6.5% Cap Rate

Red Owl & Mahan Plaza
Tallahassee, FL
Miccosukee Greenway


HIGHLIGHTS

  • 29,055 SF (combined) modern retail plaza and free-standing building
  • Plaza renovated in 2023 with outparcel built in 2024, offering contemporary amenities
  • Prime location at a prominent Tallahassee intersection
  • Credit franchisee of a well-established national brand
  • 18 fully occupied units, providing stable income
  • Ideal investment opportunity with 100% occupancy

OVERVIEW

Premier Commercial Group proudly presents an exceptional opportunity: Mahan Plaza and its outparcel in Tallahassee, Florida. This combined sale includes a fully occupied 17-unit shopping center with long established tenants, and a 705-square-foot outparcel, currently leased by Red Owl Coffee under a newly signed 10-year NNN agreement. Renovated to modern standards, Mahan Plaza enjoys prime positioning along E Tennessee Street, one of the city's busiest roads, and is minutes away from an I-10 interchange. With established tenants and strategic location, this offering represents a lucrative investment in Tallahassee's thriving commercial landscape.

ASK ABOUT THIS PROPERTY

Tracy WatersPremier Commercial GroupMore Info
850-545-2282

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Tracy WatersPremier Commercial GroupMore Info
850-545-2282

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