[fa icon="calendar"] 05.25.2017 / by Demetree Real Estate Services
(Tallahassee, Fla.) May 25, 2017 - Demetree Real Estate Services, an Orlando-based commercial real estate company specializing in consulting and construction services, will break ground on a redevelopment project in early summer of 2017 and is expected to deliver tenant spaces in early spring of 2018.
Located at 2121 W. Tennessee St. in Tallahassee, FL, CVI Tallahassee is situated between two major roadways, Tennessee St. and Ocala Rd., providing easy access and high visibility with direct frontage on W. Tennessee St. The property is within close proximity to three major universities including Florida State University (1.2 miles), Tallahassee Community College (1.8 miles) and Florida A&M University (4.2 miles).
CVI Tallahassee is also within close proximity to two student housing complexes that are 100 percent leased: The Woodlands (980 student beds) and The Forum (780 student beds). With over 9,855 student beds, a high volume Publix Super Market surrounding the property and direct access from W. Tennessee St., this is expected to be a high traffic location.
Available units include restaurant end caps between 3,400 - 4,600 SF with outdoor patios on the west end of the property. Other retail sizes range from 1,200 SF and up, including a series of 1,200 to 2,400 SF bays. In addition to a Bojangles’ restaurant, proposals have been received from a sushi group, a nail salon and several other interested tenants.
“We feel the West Tennessee market is in need of additional new “top shelf” retail space….We are surrounded by student housing and have interior access to the Woodlands Student Housing and to the Publix center at Ocala Road” - Rusty Stoeckel, Broker/Associate
About Demetree Real Estate Services
For decades, Demetree Real Estate Services has been specializing in providing construction management services to property owners throughout Florida. Through our expertise, we ensure there are no surprises in each project and the property owner is delivered value. These services make sure the job addresses the problem and that the results are consistent with the expectations.