2727 Mahan Dr
Tallahassee, FL 32308

Newmark’s Government Capital Markets team, as exclusive advisors to Ownership, is pleased to present qualified investors with the opportunity to acquire a mission-critical, government headquarters campus located in Tallahassee, Florida (the “Offering”). Known as the Fort Knox Executive Office Center, the Offering represents a collection of four (4) office buildings that are currently 95.00% occupied by three (3) State of Florida agencies.
The State of Florida has shown an unwavering commitment to the Offering evidenced by a recent fifteen (15) year lease extension for AHCA, who utilizes the space as their headquarters. This long-term extension included nearly $5M in tenant improvements which has helped to modernize the Offering and create a space that perfectly suits the agency’s needs. As further evidence of the Offering’s importance to the State of Florida’s real estate planning, the state agreed to a brand new seven (7) year lease with the DEO. This lease commenced in April 2021 and features nearly $2.8M in tenant improvements. The recent long-term lease agreements coupled with the significant capital invested in the Offering help to insure a stable revenue stream from tenants that are clearly committed to the Offering. Additionally, the Offering includes an extra 7.71 acres of land that could accommodate a new office building in the event any of the existing tenants need to expand or a new build-to- suit opportunity arises.