Park Centre Listing Details & Market Data

The Park Centre at Magnolia Grove office building is situated in the southwest quadrant of the intersection of East Park Avenue and Marriott Drive in Tallahassee, Florida. The Property provides tenants with excellent exposure and visibility by the use of one monument sign located directly on Marriott Drive. The Property is located 1 mile to the east of Downtown Tallahassee and the State Capitol complex for the State of Florida. In addition, the Governors Square Mall is located one block to the east and Tallahassee Memorial Healthcare is located one mile to the north of the Property. The site is also adjacent to the new Magnolia Grove Retail Development that features great retail tenants like Starbucks, SmashBurger, Blaze Pizza, Which Wich, and a Home2 Suites by Hilton and more.Cedars Executive Center is positioned in the path of growth and activity in Tallahassee. With direct access to both US 27 that connects to Downtown Tallahassee or U.S. Interstate 10 connecting east and west Tallahassee, Cedars is the only office park in region that provides a central point of business operations in area. With renovations occurring between 2008 and 2010, the site and buildings have all been completed. Cedars will give an investment buyer a Class A/B office asset at a low cost point of entry into the market with minimal upfront costs to create value. A diverse mix of local, regional and national tenancy creates a healthy rent roll that is not subject to viability of one industry or business sector performance.Park Centre @ Magnolia at the corner of Park Avenue and Marriott Drive is a professional office setting consisting of 32,200 Rentable Square Feet and over $1m of upgrades and renovations in the past 24 months. From small suite executive layout to larger suites, the flexible floor plan designs allow Park Centre to work for any size company, from start-up to national company office.