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538 Commercial Real Estate Listings in Tallahassee, FL

Tallahassee, FL Commercial Real Estate

There are currently 541 commercial listings available in Tallahassee, FL. These listings include 391 commercial spaces that encompass a total of 2,263,095 square feet. Available commercial spaces in Tallahassee, FL range in size from 0 square feet to 155,073 square feet. A total of 219 off-market commercial properties located in Tallahassee, FL are also available for research.

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Tallahassee, FL Commercial Inventory Breakdown

In 2022 the Tallahassee, FL commercial real estate market totaled 5,326,720 square feet of office spaces, 7,976,411 square feet of office spaces with retail, and 5,029,150 square feet of industrial space.

Office Spaces

Total: 5,326,720 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 2,381,932 SqFt 44.72% of total office
100k to 500k SqFt 2,400,353 SqFt 45.06% of total office
500k to 1M SqFt 544,435 SqFt 10.22% of total office
By class:
Class A 1,366,970 SqFt 25.66% of total office
Class B 3,759,205 SqFt 70.57% of total office
Class C 64,545 SqFt 1.21% of total office
Roughly 10.22% of the total office space in Tallahassee, FL is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 44.72% of the office inventory.

Class A office space holds a 25.66% share of the overall Tallahassee, FL office market, while Class B office assets make up approximately 70.57%.

Industrial

Total: 5,029,150 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,531,618 SqFt 30.45% of total industrial
100k to 500k SqFt 1,097,532 SqFt 21.82% of total industrial
> 1M SqFt 2,400,000 SqFt 47.72% of total industrial
By class:
Class A 2,899,973 SqFt 57.66% of total industrial
Class B 1,812,225 SqFt 36.03% of total industrial
Class C 130,837 SqFt 2.6% of total industrial
There are 1,097,532 square feet of commercial real estate properties between 100k to 500k square feet, representing 21.82% of the Tallahassee, FL industrial inventory. Class A assets total 2,899,973 square feet of industrial space, with an additional 1,812,225 square feet of Class B and 130,837 square feet of Class C properties.

Office Spaces with Retail

Total: 7,976,411 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 2,476,872 SqFt 31.05% of total office with retail
100k to 500k SqFt 4,467,197 SqFt 56.01% of total office with retail
> 1M SqFt 1,032,342 SqFt 12.94% of total office with retail

Tallahassee, FL Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Tallahassee, FL Office 112 1,457,428
Tallahassee, FL Retail 90 893,482
Tallahassee, FL Industrial 24 261,636
Tallahassee, FL Other 320 2,615,998
Ofice Icon

112

Office

Industrial Icon

24

Industrial

Retail Icon

90

Retail

Current local active listing encompass 5,228,544 square feet of commercial space for lease in Tallahassee. There are 112 active office listings, which amount to 1,457,428 square feet and account for 20% of commercial spaces on the market. Local retail availability includes 893,482 square feet across 90 listings. Current industrial offerings on the market amount to 261,636 square feet across a total of 24.

Employment in Tallahassee, FL

Employed Population 100,935

Employed population - Industry % Distribution

Management, business, science, and arts occupations

46%

Sales and office occupations

21%

Service occupations

21%

Production, transportation, and material moving occupations

7%

Natural resources, construction, and maintenance occupations

4%

In 2020, roughly 46% of a total of 100,935 employed in Tallahassee worked in Management, business, science, and arts occupations, followed by 21% in Sales and office occupations and 21% in Service occupations.

Income per capita $27,203  Median household income $46,964

Household income

52%

Under $50k

29%

$50k - $100k

13%

$100k - $200k

5%

Over $200k

The median household income in Tallahassee stands at $46,964, with per capita income at $27,203. Households earning between $50k and $100k represent 29% of the total, while those earning over $200k make up 5%. Approximately 52% of Tallahassee households earn less than $50k per year.

Commuting in Tallahassee, FL

Mean travel time to work 18 minutes

Means of transportation to work

76.80%

Driving alone

10.40%

Carpool

3.50%

Public transit

0.20%

Bicycle

3.00%

Walking

0.40%

Other

5.50%

Work at Home

*Universe: Workers 16 and over

Education in Tallahassee, FL

High school grad or higher 93%

Bachelor's degree or higher 48%

Population by minimum level of education

7%

No degree

17%

High school

28%

Some College

26%

Bachelor's

22%

Post-grad

*Universe: Workers 25 and over

An estimated 93% of Tallahassee residents aged 25 or over hold a high school degree or higher. Of those, 17% are high school graduates, 28% attended some college, 26% earned a bachelor's degree, with an additional 22% holding post-graduate degrees.

Tallahassee, FL Demographics

As of 2020, Tallahassee had a total population of 194,503, with a median age of 26.80 years. Roughly 74.90% of the total population was between the ages of 16 and 64 years old.