Ox Bottom Meadows Portfolio 4 Properties Offered at $18,037,110 CAD in Tallahassee, FL

Ox Bottom Meadows presents the opportunity to acquire a four-lot retail portfolio located at the signalized intersection of Ox Bottom Road and Thomasville Road in Tallahassee, Florida. The portfolio is anchored by Trulieve, Surchero's Tex-Mex, and Starbucks, combining established in-place tenancy with future development potential. The offering includes a fully leased multi-tenant building occupied by Trulieve and Surchero's, a single-tenant Starbucks drive-thru, and two additional pads positioned for future lease-up and value creation.
The property benefits from frontage along Thomasville Road, one of Tallahassee's primary commercial corridors, with approximately 51,500 vehicles passing the site daily. The surrounding trade area includes the established Killearn, Ox Bottom, and Bradfordville communities, supported by strong household incomes and a substantial residential population base. In addition, approximately 300 new apartment units are under construction directly behind the project, introducing additional consumer demand and walkable residential density to the immediate area.
The portfolio generates $553,750 in combined first-year NNN rental income from existing tenants and includes contractual rent escalations across all occupied leases. Investors benefit from income generated by nationally recognized brands while retaining the ability to increase future cash flow through development and leasing of the remaining pads. The combination of existing income, tenant credit quality, corridor visibility, and future development opportunities positions Ox Bottom Meadows as a compelling retail investment within one of Tallahassee's most established commercial corridors.