Magnolia Centre I

For Lease

1203 Governors Square Blvd, Tallahassee, FL 32301

The total number of office spaces available at Magnolia Centre I is 4. Leasing opportunities in the building include office and general office. There is a total of 12,658 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 1,576 square feet.

Space Available For Lease 4

Contacts

broker
Daniel H. Wagnon

Structure

Property Details

  • Property Type Office - General Office
  • Property Size 58,176 SF
  • Lot Size 2.56 Acre
  • Additional Rent Contact for pricing
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1987
  • Year Renovated 2021
  • Date Updated Dec 10, 2024
Magnolia Centre I is located in the the office sub-market directly to the east of Downtown Tallahassee, which experienced significant retail and commercial growth over the last 36 months. With access from the main travel corridors of Apalachee Parkway, Park Avenue, and Magnolia Drive, this office asset is centralized for professional services firms, government tenants/contractors, engineering firms, technology firms, etc. The FL DOT and FL Lottery Headquarters are less than 1/8 mile as well as being adjacent to a vibrant neighborhood mixed-use development with Starbucks, Hilton, various restaurants and retail shops.Priced well below replacement and with rent growth potential in near term, the building offers both small and large tenant users who do work with State of Florida a convenient office to enter into, or relocate within, market. With a "smart" capital investment plan, the return of investment with be direct and in near term. A diverse set of national credit tenants insulates building from downturns and COVID-19 rent liability or deferment was 0%.With each floor consisting of 9,700 sq. ft. floor plates, the office layouts provide for 1/4, 1/2 to full floor users the ability to have either an open floor plan or hard office intensive setup, as needed. The building offers very competitive lease terms favorable to market and being close to the State of Florida government agencies, including Lottery HQ and FL-DOT HQ. This site provides tenants a downtown Tallahassee location at a percentage of the typical price.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Less than 1/2 from State Capitol complex
  • $1m+ in capital upgrades in 2023/2024
  • 4:1000 parking ratio (free surface)
  • Generator & Fiber onsite

Getting around

  • 68/100

    Walk Score ®

  • 37/100

    Transit Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tallahassee, FL
  • Neighborhood Camelot Park
  • Zip Code 32301
  • Market Tallahassee

Points of Interest

  • BP

    0.32 miles

  • Sprint

    0.49 miles

  • ChargePoint

    0.72 miles

  • Marathon

    0.75 miles

  • Chevron

    0.89 miles

  • Blink

    1.18 miles

  • Sunoco

    1.20 miles

  • Total Buy Store

    1.29 miles

  • Tesla Supercharger

    1.30 miles

  • Shell

    1.50 miles

  • Newman Lot

    0.87 miles

  • Kleman Plaza Parking Garage

    1.19 miles

  • Palm Court Parking Lot

    1.52 miles

  • Call Street Garage

    1.54 miles

  • Saint Augustine Street Garage

    1.58 miles

  • FSU Commuter Parking

    1.94 miles

  • Traditions Way Garage

    1.99 miles

  • Lot 341

    2.06 miles

  • Woodward Avenue Garage

    2.12 miles

  • West Pensacola Street Garage

    2.14 miles

  • Home2 Suites by Hilton Tallahassee State Capitol

    0.08 miles

  • Comfort Suites

    0.12 miles

  • Courtyard Tallahassee Capital

    0.16 miles

  • Courtyard Tallahassee Downtown/Capitol

    0.16 miles

  • Motel 6 Tallahassee Downtown

    0.24 miles

  • Wyndham Garden Tallahassee Capitol

    0.35 miles

  • Econo Lodge Tallahassee

    0.43 miles

  • The Park Avenue Inn

    0.89 miles

  • AC Hotel Tallahassee Universities at the Capitol

    0.90 miles

  • Hilton Garden Inn Tallahassee Central

    1.06 miles

  • Bealls

    0.21 miles

  • Ross

    0.24 miles

  • Community Co-op Market

    0.25 miles

  • Winn-Dixie

    0.27 miles

  • Marshalls

    0.34 miles

  • JCPenney

    0.56 miles

  • Macy's

    0.63 miles

  • Governor's Square Mall

    0.64 miles

  • Dillard's

    0.64 miles

  • Sears

    0.73 miles

1203 Governors Square Blvd Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 1203 Governors Square Blvd has to offer.

  • The property offers a parking ratio of 3.00 / 1,000 SF, which translates to a total of 175 parking spaces. See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the Camelot Park neighborhood of Tallahassee and located within zip code 32301.

    1203 Governors Square Blvd was originally completed in 1987 and is rated class B. The building includes 58,176 square feet, of which 12,658 square feet is rentable office space. The most recent renovation completed at this address was in 2021.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Daniel H. Wagnon

Structure

  1. 1Main information
  2. 2Extra information