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1830 N Monroe St
Tallahassee, FL 32303
Retail Property For Sale
Investment Highlights
- Located on N. Monroe Street (US 27), one of Tallahassee’s main north– south arterial corridors
- Surrounded by a mix of retail, hospitality, and service-oriented uses, supporting high-frequency retail demand
- Corridor also provides direct connectivity to I-10, serving regional east west traffic
Executive Summary
CBRE is pleased to present the exclusive net-lease offering for a brand-new Dutch Bros Coffee located at 1830 N Monroe Street in Tallahassee, Florida. The 862± SF property is situated on a 0.67±-acre parcel and adjacent to a Wendys and Publix-anchored shopping center. The property further benefits from its direct frontage to North Monroe street/U.S. Route 27 with exposure to over 30,000±vehicles per day and its positioning on the ‘going to work’ side of the roadway allowing for convenient access.
This Dutch Bros Coffee is secured by a new 15-year Triple-Net (NNN) lease, featuring three 5-year renewal options. The lease is expected to commence in July 2026 and will expire in June 2041. The annual rent is $172,474 with scheduled 10% increases every five (5) years throughout the initial term and each of the three (3) five-year renewal options. Dutch Bros. currently operates
1,177 stores in 25 states and recently announced plans to reach 2,029 store
locations by 2029 and aims to reach 7,000 shops long term.
This Dutch Bros Coffee is secured by a new 15-year Triple-Net (NNN) lease, featuring three 5-year renewal options. The lease is expected to commence in July 2026 and will expire in June 2041. The annual rent is $172,474 with scheduled 10% increases every five (5) years throughout the initial term and each of the three (3) five-year renewal options. Dutch Bros. currently operates
1,177 stores in 25 states and recently announced plans to reach 2,029 store
locations by 2029 and aims to reach 7,000 shops long term.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
862 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$5,003,524 CAD
Price Per SF
$5,804.55 CAD
Cap Rate
4.85%
NOI
$242,671 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.67 AC
Zoning
AC - Commercial
Property Taxes
| Parcel Number | 21-24-20-463-000.0 | Improvements Assessment | $760,806 CAD |
| Land Assessment | $390,717 CAD | Total Assessment | $1,151,523 CAD |
Property Taxes
Parcel Number
21-24-20-463-000.0
Land Assessment
$390,717 CAD
Improvements Assessment
$760,806 CAD
Total Assessment
$1,151,523 CAD
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