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Crawfordville Crossings 2171 Crawfordville Hwy 3,300 SF 100% Leased 5-Star Retail Building Crawfordville, FL 32327 $3,454,850 CAD ($1,046.92 CAD/SF) 5.42% Cap Rate



Investment Highlights
- Along the city-bound side of US Highway 319, the site is between a new Publix-anchored plaza and Walmart Supercenter, capturing prime retail traffic.
- FDOT-approved access with a dedicated turning lane off Crawford Highway ensures convenient ingress and egress, supporting consistent traffic flow.
- New construction delivers long-term durability, low-maintenance systems, and reduced capital expenditure risk for investors.
- Long-term leases are secured by nationally recognized tenants, Firehouse Subs and Dunkin', demonstrating strong performance and creditworthiness.
- Ample on-site parking accommodates customers, employees, and vendors, supporting high-volume, quick-service restaurant operations.
Executive Summary
Crawfordville Crossings at 2165 Crawfordville Highway presents a compelling absolute NNN investment opportunity in Crawfordville, the commercial epicenter of Wakulla County within the rapidly expanding Greater Tallahassee market. Newly constructed, this retail asset features two nationally recognized quick-service restaurant (QSR) brands, Firehouse Subs and Dunkin', operating under long-term franchisee leases.
Investors benefit from a true absolute NNN structure with no landlord responsibilities, providing predictable passive income and operational simplicity. The 10-year lease term extends through September 2035 and includes 10% rental increases every five years, enhancing long-term income growth and inflation protection. The current net operating income (NOI) is $135,000 annually, supported by strong tenant performance that exceeds expectations and positions the asset for future renewals.
The site is situated for high-volume traffic and customer convenience, featuring 47 oversized parking spaces, a drive-thru configuration, and a rear retention pond. Construction is complete, and both tenants are fully operational, eliminating lease-up risk and delivering immediate stabilized cash flow. A first right of refusal is in place for the tenants, underscoring a long-term commitment to the location.
Positioned along US Highway 319 with more than 300 feet of road frontage and traffic counts exceeding 17,500 vehicles per day (VPD), Crawfordville Crossings benefits from exceptional visibility and sustained growth driven by residential expansion, strong schools, and increasing regional and tourism traffic between Tallahassee and the Gulf Coast.
Crawfordville Crossings offers investors a rare opportunity to acquire a stabilized, income-producing asset backed by nationally recognized brands in North Florida's fastest-growing submarket.
Investors benefit from a true absolute NNN structure with no landlord responsibilities, providing predictable passive income and operational simplicity. The 10-year lease term extends through September 2035 and includes 10% rental increases every five years, enhancing long-term income growth and inflation protection. The current net operating income (NOI) is $135,000 annually, supported by strong tenant performance that exceeds expectations and positions the asset for future renewals.
The site is situated for high-volume traffic and customer convenience, featuring 47 oversized parking spaces, a drive-thru configuration, and a rear retention pond. Construction is complete, and both tenants are fully operational, eliminating lease-up risk and delivering immediate stabilized cash flow. A first right of refusal is in place for the tenants, underscoring a long-term commitment to the location.
Positioned along US Highway 319 with more than 300 feet of road frontage and traffic counts exceeding 17,500 vehicles per day (VPD), Crawfordville Crossings benefits from exceptional visibility and sustained growth driven by residential expansion, strong schools, and increasing regional and tourism traffic between Tallahassee and the Gulf Coast.
Crawfordville Crossings offers investors a rare opportunity to acquire a stabilized, income-producing asset backed by nationally recognized brands in North Florida's fastest-growing submarket.
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- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
3,300 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
2025
Price
$3,454,850 CAD
Price Per SF
$1,046.92 CAD
Cap Rate
5.42%
NOI
$187,311 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
2.00 AC
Zoning
Commercial - Commercial Hwy Zoning
Amenities
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
2,700
12,862
20,659
2030 Population
2,973
14,205
22,839
2025-2030 Projected Population Growth
10.1%
10.4%
10.6%
Median Age
41.8
40.9
40.2
College Degree + Higher
21%
23%
24%
Daytime Employees
1,340
4,264
4,793
Total Businesses
194
572
668
Average Household Income
$115,349
$100,660
$95,861
Median Household Income
$108,127
$84,056
$79,004
Total Consumer Spending
$34.7M
$160.1M
$250.9M
2025 Households
952
4,726
7,632
Average Home Value
$280,953
$276,136
$269,353
$ values in USD
Nearby Major Retailers
1 of 18
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Crawfordville Crossings | 2171 Crawfordville Hwy
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