2227 N Monroe Street Tallahassee, FL 32303
- Added:
- Mar 25, 2026
- Days on Market:
- 45
- Last Refresh:
- May 8 at 8:06 am
Property Features for 2227 N Monroe Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 12073-21-24-20-021-000-0
- Lot size
- 0.58 Acres
Taxes and HOA fees
- Tax Annual Amount
- 44340
Listing agent Brad Kuskin License #3333122 (561) 232-7899
Listing office Compass Florida, LLC 605 Lincoln Road, 7th Floor, FL (850) 296-9769
Listing date Mar 25, 2026
MLS# 397771
Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Established Dairy Queen franchise with 20+ year operating history and proven financial performance, generating approximately $1.3 million in annual gross sales.
- High‑traffic location on N. Monroe Street in Tallahassee's northwest trade area.
- Strong EBITDA: Estimated $289,000-$348,000 annually for investor/absentee owner, or $345,000-$409,000 for owner‑operator.
- Includes fee simple ownership of the building and all improvements, plus the operating business.
- All furniture, fixtures, and equipment (FF&E) are included.
- Assignable Absolute NNN ground lease in place at a fixed rate of $6,000 per month.
Overview
Profitable Tallahassee Restaurant with Drive-Thru
This is an opportunity to acquire a fully operational Dairy Queen franchise with over 20 years of continuous operating history. The property is located on N. Monroe Street, a high-traffic commercial corridor serving the city's northwest trade area. The offering includes ownership of the building and all improvements, together with the operating business as a going concern, subject to a long-term, fully assignable Absolute NNN ground lease at a fixed rate of $6,000 per month. The business generates approximately $1.3 million in annual gross sales. Verified three-year POS sales history is available to qualified buyers. Estimated EBITDA for an investor/absentee owner ranges from $289,000 to $348,000 annually, with owner-operator EBITDA ranging from $345,000 to $409,000 when management salary is added back. The sale includes the freestanding QSR building with drive-through lane, full commercial kitchen, customer dining room, and all building systems. All furniture, fixtures, and equipment are conveyed in full, including proprietary Dairy Queen soft-serve and frozen treat dispensing machines, Blizzard blending stations, commercial grills and fryers, walk-in cooler and freezer, PAR POS system, drive-through communication and menu board equipment, and all interior and exterior signage. The Dairy Queen franchise agreement, customer goodwill, vendor and supplier relationships, and all assignable licenses and permits are included. The property is situated on a 0.58-acre lot. This offering is suited for an experienced QSR operator, a first-time franchise buyer, or an investor acquiring a stabilized going-concern business. International Dairy Queen, Inc. (IDQ) provides comprehensive onboarding and ongoing franchise support. The current owner is willing to provide a transition period to ensure continuity of operations.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dairy Queen Grill ...
Restaurant
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.288651
- Latitude
- 30.470579
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Operating Dairy Queen franchise with real estate and assignable ground lease.
Where is this conventional restaurant located?
The property is located at 2227 N Monroe Street Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Established Dairy Queen franchise with 20+ year operating history and proven financial performance, generating approximately $1.3 million in annual gross sales.; High‑traffic location on N. Monroe Street in Tallahassee's northwest trade area.; Strong EBITDA: Estimated $289,000-$348,000 annually for investor/absentee owner, or $345,000-$409,000 for owner‑operator.
