Your email has been sent.
5,000sf Warehouse for Lease 3510 N Monroe St 5,000 SF of Industrial Space Available in Tallahassee, FL 32303
Highlights
- ±5,000 SF warehouse space with second-floor mezzanine
- Two dock-high roll-up bay doors for loading
- Frontage on high-traffic N Monroe Street next to SunStop
- 20’ clear ceiling height in metal building
- Gated access with secured yard area
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | Negotiable | $16.42 CAD/SF/YR $1.37 CAD/SF/MO $82,124 CAD/YR $6,844 CAD/MO | Triple Net (NNN) |
1st Floor
5,000sf Warehouse attached to Ace Hardware
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 5,000sf Warehouse for Lease
- Tenant
- Description
- US Locations
- Reach
- Ace Hardware
- Hardware
- 4,586
- International
- Pinnacle Preservation
- Wholesaler
- 1
- -
| Tenant | Description | US Locations | Reach |
| Ace Hardware | Hardware | 4,586 | International |
| Pinnacle Preservation | Wholesaler | 1 | - |
Property Facts
| Total Space Available | 5,000 SF | Gross Leasable Area | 22,908 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Freestanding | Parking Ratio | 0.58/1,000 SF |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 22,908 SF |
| Year Built | 1990 |
| Parking Ratio | 0.58/1,000 SF |
About the Property
Premier opportunity to acquire a stable, income-producing retail asset at 3510 N Monroe Street in Tallahassee, Florida, offered as a sale/leaseback with Ace Hardware, one of the nation’s largest and most recognized hardware retailers. The property is secured by a long-term lease with approximately 9 years remaining, featuring 10% rent increases every 5 years and three (3) five-year renewal options, providing predictable cash flow and built-in income growth. The landlord is responsible for roof and structure, offering a clearly defined responsibility structure. While Ace Hardware is a national brand, the lease is with a long-standing local franchisee, not corporate. This location has served the Lake Jackson community for over 15 years, demonstrating strong tenant stability and local market presence. Located along North Monroe Street, a primary Tallahassee retail corridor, the site benefits from strong traffic counts, established retail synergy, and consistent consumer demand. This offering is ideal for investors seeking durable tenancy, long-term income stability, and exposure to a proven national retailer in a growing Florida market.
- Dedicated Turn Lane
- Mezzanine
- Security System
- Storage Space
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Presented by
5,000sf Warehouse for Lease | 3510 N Monroe St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.