Tallahassee Retail for Sale - Northwest Leon County

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.

Property Subtype:

Freestanding

Date on Market:

2026-05-05

Tallahassee Retail for Sale - NE Tallahassee

Newly constructed 4,126 S,F two-tenant retail building located on Capital Circle NE in Tallahassee, one of the most heavily trafficked retail corridors in the Florida Panhandle. The property is anchored by Smile Doctors (Fishbein Orthodontics), a billion-dollar+ national orthodontics platform, secured by a 10-year corporate NNN lease at $117,600 annually, with store opening scheduled for April 2026. The asset includes a 1,326 SF vacant end-cap drive-thru, offering immediate value-add potential. The end cap is being marketed at a discounted pro forma rent of $90,000 NNN, providing an opportunity for a new owner to lease at higher market rates and capture instant NOI and cap rate upside. Located within a new retail plaza featuring Dunkin’, Smoothie King, CubeSmart, and other national brands, and in close proximity to Canopy, Fallschase, I-10, hotels, and major grocers, the property benefits from strong daily traffic and long-term retail demand. **The end cap has attracted interest from a regional chicken franchise, offering potential tenancy while still allowing the buyer flexibility in determining the final occupant

Property Subtype:

Freestanding

Date on Market:

2026-03-18

Tallahassee Retail for Sale - NE Tallahassee

Freestanding retail building offered for sale! Tenants include Smoothie King, Hazel Sky Smoke & Vape, and Lavish Nail Spa. Excellent NNN investment opportunity! Situated in Capital Hill Plaza on Capital Circle Northeast, this location is a prime retail destination. Traffic counts exceed over 60,000 vehicles per day. Retailers include Dunkin Donuts, Smoothie King, Avis/Budget Car Rental, Cube Smart and more.

Property Subtype:

Freestanding

Date on Market:

2026-03-11

Tallahassee Retail for Sale - Northeast Leon County

Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support. Tallahassee, the capital of Florida, is the largest city in the Florida Big Bend and Florida Panhandle region, and the main center for trade and agriculture in the Florida Big Bend and Southwest Georgia regions.

Property Subtype:

Freestanding

Date on Market:

2025-10-30

Tallahassee Retail for Sale - Northeast Leon County

• The lease is guaranteed by Wawa Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,100+ locations • Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site • The ground lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period • 2025 construction which features high quality materials, distinct design elements, and high-level finishes • Wawa merchandise sales per store averaged $7.1M for the year ended 2024 versus an industry average of $2.7M for 2023 (Source: NACS) • Gasoline sales totaled 3.1 billion gallons for the year 2024, an average of 69,042 gallons sold a week per store, over two times the industry average of 32,726 per store per week in 2023 (Source: NACS) • Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s Largers

Property Subtype:

Freestanding

Date on Market:

2025-04-21

Tallahassee Retail for Sale - Northeast Leon County

Property Subtype:

Restaurant

Date on Market:

2025-03-19

Tallahassee Retail for Sale - Northeast Leon County

FREESTANDING ASPEN DENTAL

Property Subtype:

Freestanding

Date on Market:

2025-02-28

Tallahassee Retail for Sale - NE Tallahassee

Single tenant absolute NNN ground lease investment opportunity

Property Subtype:

Storefront

Date on Market:

2025-01-31