Fee Simple Cannabis
For Sale
Contact for pricing
1968 W Tennessee St, Tallahassee, FL 32304
Fee simple cannabis dispensary with immediate access to Florida State University and retail activity nearby.
Property Size5,000 SF
Price / SF$678
Days on Market148
Property Features for 1968 W Tennessee St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$253,239
Additional Details
Traffic Count
43,500 vehicles/day
Building Details
Year Built
1981
Year Renovated
2024
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
STNL
Listed By:
Mark Thompson · License #BK3217284
(689) 666-9555
Source:
Crexi
Added: Apr 14
Changed: Sep 6
Last Checked: Sep 8 at 7:20AM
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 STNL
Investment Insights
Based on property information with market context.
STNL.com presents a 100% fee simple cannabis dispensary property known as The Flowery. The offering is presented as a standalone ownership interest for a cannabis retail operation.
The property is located at 1968 W Tennessee St in Tallahassee, Florida, approximately 0.25 miles from Florida State University. It is also described as being steps from the campus and positioned along West Tennessee Street, a primary thoroughfare for the university. Public remarks indicate the location provides visibility and access, with traffic counts exceeding 43,500 vehicles per day, and that Publix and Target are directly across the street as part of a dense retail corridor.
The property is presented as an investment-grade location based on its proximity to a major university and nearby national retail anchors mentioned in the offering materials.
The property is located at 1968 W Tennessee St in Tallahassee, Florida, approximately 0.25 miles from Florida State University. It is also described as being steps from the campus and positioned along West Tennessee Street, a primary thoroughfare for the university. Public remarks indicate the location provides visibility and access, with traffic counts exceeding 43,500 vehicles per day, and that Publix and Target are directly across the street as part of a dense retail corridor.
The property is presented as an investment-grade location based on its proximity to a major university and nearby national retail anchors mentioned in the offering materials.
Key Highlights
- 100% fee simple STNL Flowery cannabis dispensary
- Approximately 0.25 miles from Florida State University
- Located on West Tennessee Street with traffic counts exceeding 43,500 vehicles per day
Property Analytics
Current Use
Lease Details
43,500 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
Business Placement
Demographics for 32304, FL
50,007
Population
23,296
Households
2.1
Avg Household Size
25
Median Age
36%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
3,290
Density / Sq Mi
$30,823
Median Household Income
$14,475
Median Earnings
$1,132
Median Rent
$147,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Cannabis property - Fee simple cannabis dispensary with immediate access to Florida State University and retail activity nearby.
Where is this cannabis property located?
The property is located at 1968 W Tennessee St Tallahassee, FL.
What is the asking price?
The asking price for this property is $3,390,000.
What are key features of this property?
This property features: 100% fee simple STNL Flowery cannabis dispensary; Approximately 0.25 miles from Florida State University; Located on West Tennessee Street with traffic counts exceeding 43,500 vehicles per day
