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Retail Income Property
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2349 North Monroe Street, Tallahassee, FL 32303

Retail property offered for sale featuring a stated 5.64% cap rate and 15,433 SF.

Property Size15,433 SF
Days on Market143

Property Features for 2349 North Monroe Street

General Information

Standard status Active
Size 15,433 SF
Property subtype Retail

Additional Details

Cap Rate 5.64%
Listing Agency: Pharma Property Group
Listed By: Jason Pongsrikul · License #CA 01918332
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 6:43PM

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 Pharma Property Group

Investment Insights

Based on property information with market context.

This for-sale retail income property is listed with a stated 5.64% cap rate and total building size of 15,433 SF. It is presented as a single retail investment opportunity suitable for buyers evaluating income-producing commercial real estate.

The property is located at 2349 North Monroe Street in Tallahassee, Florida (32303).

Key Highlights

  • Retail property offered for sale with a stated 5.64% cap rate
  • Total building size: 15,433 SF

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy Redbox Cinema LibertyX Bitcoin ATM Atm

Suggested Use

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

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

1,183
Businesses Nearby
342k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Shops & Services 26% Apparel 14% Leisure 11%
AMC Tallahassee 20 Leisure
37,550 visits/mo 0.3 miles
Cumberland Farms Shops & Services
33,210 visits/mo 0.3 miles
McDonald's Dining
30,556 visits/mo 0.4 miles
Culver's Dining
30,446 visits/mo 0.2 miles
Belk Apparel
25,972 visits/mo 0.3 miles

Demographics for 32303, FL

48,644
Population
24,864
Households
2
Avg Household Size
34
Median Age
46%
College-Educated
95%
High-School Grad
34.8 sq mi
ZIP Area
1,398
Density / Sq Mi
$63,123
Median Household Income
$37,702
Median Earnings
$1,324
Median Rent
$204,900
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale featuring a stated 5.64% cap rate and 15,433 SF.
Where is this retail space located?
The property is located at 2349 North Monroe Street Tallahassee, FL.
What are key features of this property?
This property features: Retail property offered for sale with a stated 5.64% cap rate; Total building size: 15,433 SF
(619) 297-0055 Call to check price and availability
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