Listing Agency: The Naumann Group Real Estate, Inc

Listed By: Brian Messer · License #FL 646515 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 3 Last Checked: Sep 3 at 11:21AM

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Investment Insights

Based on property information with market context.

This free-standing restaurant building offers a drive-thru setup and ample parking. The property is structured as an NNN lease with no landlord responsibilities, and it is currently under a new 5-year triple net lease. The tenant is reported to have 20 years of experience in the local market and personally guarantees the lease.

The building provides frontage on Apalachee Parkway in Tallahassee, Florida.

Key Highlights

• Free‑standing restaurant building with drive‑thru along Apalachee Parkway
• Ample parking and strong frontage on Apalachee Parkway
• 5‑year triple net lease with a new tenant at the property

Property Analytics

Property Profile

Current Use

Pitaria Greek Food Restaurant Pitaria Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Parts Store Auto Repair Shop

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

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

994

Businesses Nearby

417k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 29% Apparel 27% Dining 23% Shops & Services 13%

Target Superstores

121,057 visits/mo 0.2 miles

DICK'S Sporting Goods Apparel

37,680 visits/mo 0.3 miles

Kohl's Apparel

33,227 visits/mo 0.2 miles

Burlington Apparel

27,081 visits/mo 0.3 miles

BJ's Restaurant and Brewhouse Dining

25,449 visits/mo 0.2 miles

Demographics for 32301, FL

29,686

Population

17,029

Households

1.7

Avg Household Size

32

Median Age

45%

College-Educated

92%

High-School Grad

10.2 sq mi

ZIP Area

2,910

Density / Sq Mi

$50,412

Median Household Income

$34,271

Median Earnings

$1,200

Median Rent

$211,900

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this drive through restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Free-standing restaurant building with drive-thru and ample parking along Apalachee Parkway.

Where is this drive through restaurant located?

The property is located at 1935 Apalachee Pky Tallahassee, FL.

What are key features of this property?

This property features: Free‑standing restaurant building with drive‑thru along Apalachee Parkway; Ample parking and strong frontage on Apalachee Parkway; 5‑year triple net lease with a new tenant at the property