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Crawfordville Crossings 2171 Crawfordville Hwy 3,300 SF 100% Leased 5-Star Retail Building Crawfordville, FL 32327 $3,405,399 CAD ($1,031.94 CAD/SF) 5.42% Cap Rate

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Investment Highlights

  • Along the city-bound side of US Highway 319, the site is between a new Publix-anchored plaza and Super Walmart, 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.

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Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
3,300 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
2025
Price
$3,405,399 CAD
Price Per SF
$1,031.94 CAD
Cap Rate
5.42%
NOI
$184,630 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

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2024 Population
2,474
12,507
20,081
19,669
2029 Population
2,760
14,237
22,856
21,301
2024-2029 Projected Population Growth
11.6%
13.8%
13.8%
8.3%
Median Age
41.7
40.9
40.3
41.4
College Degree + Higher
22%
23%
24%
13%
Daytime Employees
1,327
4,486
4,990
5,132
Total Businesses
196
596
690
708
Average Household Income
$111,335
$103,052
$98,015
$90,455
Median Household Income
$102,406
$88,413
$80,463
$73,073
Total Consumer Spending
$31.5M
$162M
$255.1M
$234.7M
2024 Households
867
4,592
7,410
7,419
Average Home Value
$223,060
$220,941
$217,692
$272,385
$ values in USD

Nearby Major Retailers

Waffle House
Rent-a-center
Publix
Zaxby's
Starbucks
  • Listing ID: 36882833

  • Date on Market: 2025-07-23

  • Last Updated:

  • Address: 2171 Crawfordville Hwy, Crawfordville, FL 32327

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