- For Lease $19.50/SF/YR
- Property Type Office - General Office
- Property Size 58,176 SF
- Lot Size 2.56 Acre
- Parking Ratio 3.00 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1987
- Year Renovated 2021
- Date Updated May 13, 2026
Description
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.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.
Highlights
- $1m+ in capital upgrades in 2023/2024
- 4:1000 parking ratio (free surface)
- Generator & Fiber onsite
- Less than 1/2 from State Capitol complex
True
3 Spaces Available
Unit 100
Space Type
General Office
Lease Rate
$19.50/SF/YR
Total Space
4,600 SF
Divisible Space
4,600 - 4,600 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
New Construction with modular furniture in place. Ground Floor suite with dedicated entrances in front and rear of space.
Unit 202
Space Type
Office
Lease Rate
$19.50/SF/YR
Total Space
1,885 SF
Divisible Space
1,885 - 1,885 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
Can be combined with Suite 203 for 4,058 RSF suite
Unit 203
Space Type
Office
Lease Rate
$19.50/SF/YR
Total Space
2,172 SF
Divisible Space
2,172 - 2,172 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
Can be combined with Suite 202 for 4,058 RSF suite
Contacts
Daniel H. Wagnon
Structure
Location
Located at 1203 Governors Square Blvd, Tallahassee, FL 32301, this property is part of the Camelot Park neighborhood and Tallahassee market.
Contact Listing Broker
Daniel H. Wagnon
Structure
