NNN Lease Near Florida State

1719 W Tennessee St, Tallahassee, FL

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For Sale

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NNN lease with rental increases near Florida State University.

Type:RETAIL

Property size:

7,128 SF

Lot size:

0.44 Acres

Price / SF:

$552/SF

HighLights

Long‑term absolute NNN lease with 7.5 years remaining and three 5‑year options, offering a management‑free investment.
Enjoy +2% annual rental increases throughout the initial term and option periods.
Lease guaranteed by Green Ops Ocala LLC, associated with Jungle Boys' grow facility.
Located just 0.25 miles from Florida State University (over 40,000 students).
Tenant (Green Ops FL Opco LLC) associated with all 12 of their Florida locations.
Located in a state with no state income tax.

We can help!

Listing Contact

Ari Ravi

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For Sale

Contact for pricing

NNN lease with rental increases near Florida State University.

Type:RETAIL

Property size:

7,128 SF

Lot size:

0.44 Acres

Price / SF:

$552/SF

Added:: Apr 16, 2025
Days on Market:: 432
Last Refresh:: May 20 at 9:58 pm

Property Features for 1719 W Tennessee St

General Information

Standard status: Active
Size: 7,128 SF
Lot size: 0.44 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Ari Ravi

Listing agent Ari Ravi License #FL SL3516586

Listing office RIPCO Real Estate | Tampa

Listing date Apr 16, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RIPCO Real Estate | Tampa

HighLights

Long‑term absolute NNN lease with 7.5 years remaining and three 5‑year options, offering a management‑free investment.
Enjoy +2% annual rental increases throughout the initial term and option periods.
Lease guaranteed by Green Ops Ocala LLC, associated with Jungle Boys' grow facility.
Located just 0.25 miles from Florida State University (over 40,000 students).
Tenant (Green Ops FL Opco LLC) associated with all 12 of their Florida locations.
Located in a state with no state income tax.

Overview

This property features an absolute NNN lease with 7.5 years remaining and three 5-year options to extend. The initial term and option periods include +2% annual rental increases. The long-term absolute NNN lease provides a management-free investment in a state with no state income tax. The tenant for the lease is associated with 12 Florida locations. The lease is additionally guaranteed by Green Ops Ocala LLC, the entity associated with Jungle Boys’ grow facility in Ocala, FL. The property is located 0.25 miles from Florida State University, which has over 40,000 students enrolled. The property is located within a 1-mile radius of a population of 30,121. The property has a size of 7,128 square feet.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Tallahassee
County: Leon
State: Florida
Longitude: -84.3101
Latitude: 30.4486

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For sale
Retail space
FL
Tallahassee
1719 W Tennessee St

What type of property is this?

Retail space - NNN lease with rental increases near Florida State University.

Where is this retail space located?

The property is located at 1719 W Tennessee St Tallahassee, FL.

What is the asking price?

The asking price for this property is $3,941,630.

What are key features of this property?

This property features: Long‑term absolute NNN lease with 7.5 years remaining and three 5‑year options, offering a management‑free investment.; Enjoy +2% annual rental increases throughout the initial term and option periods.; Lease guaranteed by Green Ops Ocala LLC, associated with Jungle Boys' grow facility.

1719 W Tennessee St, Tallahassee, FL

NNN lease with rental increases near Florida State University.

Property Features for 1719 W Tennessee St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turn-Key Childcare Facility For Sale

Turnkey Office Building Near Downtown

Flex Office Warehouse Property

Flex Warehouse with Office

Turnkey Building Near Downtown Tallahassee

Renovated Downtown Tallahassee Brick Building

Profitable Tallahassee Restaurant with Drive-Thru

Mixed-Use Investment Opportunity

Waterfront Restaurant Opportunity on Lake Jackson

Historic Governor Bloxham House

Student Housing Investment Opportunity

Updated Office Condo with Five Suites

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