2165 Crawfordville Hwy Crawfordville, FL 32327

This new construction retail property in Crawfordville, Florida, features a NNN lease structure and accommodates two tenants with drive-thru facilities. The property benefits from 300 feet of road frontage and houses national brands, Firehouse Subs and Dunkin' Donuts, operated by highly reputable franchisees under long-term leases. Situated in Crawfordville, the epicenter of Wakulla County and a rapidly growing submarket of the Greater Tallahassee area, the location benefits from a strong school system and ongoing residential development, attracting middle-class families. Highway 319, a major thoroughfare undergoing widening between Tallahassee and the Gulf Coast, sees over 17,500 vehicles daily, contributing to growing local, regional, and tourism traffic. The property's current net operating income (NOI) from leases is $135,000, reflecting a 5.19% capitalization rate. The initial lease term extends through 2035, with 10% rent increases every five years and three renewal options. The building size is 3,300 square feet on a 2-acre lot. Dunkin' is already open, and Firehouse Subs plans to open by the end of September. Certificate of Occupancy (CO) has been issued for the overall building site and structure. The property is zoned 200.