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Value-Add Retail or Redevelopment Opportunity

Investment Highlights:
•  Opportunity to backfill/redevelop space or occupy as owner user    
•  Zoned C2 (General Commercial)
•  Large 8.18 AC Parcel with Excellent Ingress/Egress
•  53,907 SF vacant retail near Florida State University

 

CBRE’s Investment Group, in conjunction with RealINSIGHT Marketplace, is proud to offer a ±53,907 SF vacant retail site located at 1525 W. Tharpe St, in Tallahassee, FL (“The Property”) for purchase.  The Property was formerly occupied by Winn-Dixie and offers a significant value-add opportunity for investors through lease up of the space at market rates or through repositioning/redeveloping the well located site.  

Built in 2000, the Property is comprised of (1) single story building on a ±8.18 acre parcel.  The Property is conveniently located on a main area thoroughfare and offers excellent ingress/egress with multiple access points on both W. Tharpe St and High Rd.  This large corner lot is zoned C2, general commercial, and offers 277 parking spaces.  Located in Leon County, the Property is ideally positioned near several economic drivers and is only ±1.5 miles from Florida State University.

 

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Former Winn-Dixie (Tallahassee, FL)

1525 W. Tharpe Street, Tallahassee, FL 32303

Current Bid:
Starting Bid:

Asset Snapshot

  • Asset Type
  • Real Estate
  • Land Area
  • 8.18 Acres
  • Year Built
  • 2000
  • Number of Floors
  • 1
  • Number of Buildings
  • 1
  • Parking Count
  • 277
  • Occupancy
  • 0%
  • Retail Type
  • Freestanding Retail
  • Anchor
  • No
  • Property Size
  • 53,907 Sq Ft
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Cooperating Broker Fee Available!

    Cooperating brokers may be eligible for a 0.50% co-op fee if their client is the winning bidder. If you are a broker, click here to login and identify your client.

  • Auctioneer

    1. Lamar P. Fisher

      Fisher Auction Company Inc.

      License: AU93 Fisher Auction Co: AB106