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NNN Drive-Through Coffee Property
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1572 Bannerman Rd, Tallahassee, FL 32312

Freestanding building leased to a regional coffee tenant under an NNN structure.

Property Size850 SF
Days on Market142

Property Features for 1572 Bannerman Rd

General Information

Standard status Active
Size 850 SF
Property subtype Retail

Additional Details

Drive-Thru Yes

Building Details

Year Built 2023
Buildings 1
Listing Agency: Premier Commercial Group
Listed By: Al Russell · License #FL 33433407
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:45PM

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 Premier Commercial Group

Investment Insights

Based on property information with market context.

Located at 1572 Bannerman Rd in Tallahassee, this 850-square-foot freestanding property features a double drive-through configuration and was completed in 2023. The building occupies the corner of Bannerman Rd and Bull Headley, providing a dedicated commercial setting for its coffee use.

Red Owl Coffee occupies the property under an NNN lease with 7.3+ years remaining from the original 8-year term. The lease includes a 1-year renewal option followed by 2.5 years. Across from the site, a Publix-anchored neighborhood center opened in summer 2023. The surrounding area includes thousands of residential housing units, with over 1,000 additional units planned within a few-mile radius.

Key Highlights

  • 850‑square‑foot double drive‑through building completed in 2023
  • Red Owl Coffee regional tenancy under an NNN lease
  • 7.3+ years remaining on the original 8‑year lease term

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Law Firm Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby
49k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 58% Shops & Services 28% Dining 14%
Publix Groceries
25,072 visits/mo 0.2 miles
Shell Shops & Services
13,915 visits/mo 0.1 miles
Starbucks Dining
7,017 visits/mo 0.2 miles
Publix Liquors Groceries
3,365 visits/mo 0.2 miles

Demographics for 32312, FL

34,304
Population
13,039
Households
2.6
Avg Household Size
43
Median Age
64%
College-Educated
97%
High-School Grad
93.4 sq mi
ZIP Area
367
Density / Sq Mi
$119,664
Median Household Income
$55,320
Median Earnings
$1,505
Median Rent
$406,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding building leased to a regional coffee tenant under an NNN structure.
Where is this nnn property located?
The property is located at 1572 Bannerman Rd Tallahassee, FL.
What are key features of this property?
This property features: 850‑square‑foot double drive‑through building completed in 2023; Red Owl Coffee regional tenancy under an NNN lease; 7.3+ years remaining on the original 8‑year lease term
More about this property
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