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4051 Lagniappe Way
20,000 SF of 4-Star Retail Space Available in Tallahassee, FL 32317
Highlights
- Retail corridor site with high visibility: located between Dollar Tree and Walmart.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 20,000 SF | 10 Years | $10.63 CAD/SF/YR $0.89 CAD/SF/MO $114.43 CAD/m²/YR $9.54 CAD/m²/MO $17,718 CAD/MO $212,620 CAD/YR | TBD |
1st Floor
Ground Lease $7.50 PSF (20,000 SF) and Build-to-Suit Lease (Dark Shell Building) $24.00 PSF Booming retail corridor pad site at Fallschase Village Center on Mahan Drive in NE Tallahassee with entitlements to construct up to 20,000 sf of retail space for Lease. The location has good visibility and is located between Dollar Tree and Walmart. Other tenants at this plaza include Boot Barn, Bass Pro Shops, and Costco. The owner is willing to Ground Lease or Build-to-Suit. Additional neighbors include CMX Cinemas, Academy Sports, Burger King, Subway, McDonald's, Applebees, Patients First Walk-In Clinic, and many more national and local retailers as well as professional services. In addition, there is an abundance of high-end apartment complexes as well as single, detached dwellings throughout much of the area. Very High Traffic Counts: 38,000 AADT at Lagniappe Way and Mahan Drive.
- Busy Retail Center Out Mahan Drive in NE Tallahass
- Retail synergy: between Dollar Tree and Walmart.
- Build to suit retail opportunity.
- Monument signage opportunity.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 4051 Lagniappe Way , Tallahassee, FL 32317
| Property Type | Retail | Year Built | 2025 |
| Property Subtype | Storefront Retail/Office | Construction Status | Proposed |
| Gross Leasable Area | 20,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 20,000 SF |
| Year Built | 2025 |
| Construction Status | Proposed |
About the Property
Booming retail corridor pad site at Fallschase Village Center on Mahan Drive in NE Tallahassee with entitlements to construct up to 20,000 sf of retail space for Lease. The location has good visibility and is located between Dollar Tree and Walmart. Other tenants at this plaza include Boot Barn, Bass Pro Shops, and Costco. The owner is willing to Ground Lease or Build-to-Suit. Additional neighbors include CMX Cinemas, Academy Sports, Burger King, Subway, McDonald's, Applebees, Patients First Walk-In Clinic, and many more national and local retailers as well as professional services. In addition, there is an abundance of high-end apartment complexes as well as single, detached dwellings throughout much of the area. Very High Traffic Counts: 38,000 AADT at Lagniappe Way and Mahan Drive.
- Air Conditioning
Nearby Major Retailers
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4051 Lagniappe Way
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