Burger King NNN Restaurant
For Sale
Contact for pricing
3102 N Monroe St, Tallahassee, FL 32303
Single-tenant restaurant with an absolute NNN lease and corporate lease guarantee.
Property Size2,572 SF
Price / SF$809.47
Days on Market159
Property Features for 3102 N Monroe St
General Information
Standard status
Active
Size
2,572 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$109,302
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1989
Year Renovated
2016
Tenancy
Single
Listing Agency:
Vero Capital Group
Listed By:
Michael Talbert · License #SL3418448
Source:
Crexi
Added: Mar 26
Changed: Aug 30
Last Checked: Aug 30 at 10:54PM
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 Vero Capital Group
Investment Insights
Based on property information with market context.
This single-tenant Burger King restaurant contains 2,572 square feet and was built in 1989. The operating lease is structured as absolute NNN, with over 10 years remaining and a corporate guarantee from Burger King Company LLC.
The property is positioned at 3102 N Monroe St in Tallahassee, Florida, along North Monroe Street near Interstate 10. Nearby context includes a Walmart, multiple hotels, and an HCA Emergency Room directly across the street. These surrounding uses place the restaurant within an established commercial setting with healthcare, lodging, and retail activity in the immediate area.
The property is positioned at 3102 N Monroe St in Tallahassee, Florida, along North Monroe Street near Interstate 10. Nearby context includes a Walmart, multiple hotels, and an HCA Emergency Room directly across the street. These surrounding uses place the restaurant within an established commercial setting with healthcare, lodging, and retail activity in the immediate area.
Key Highlights
- 2,572‑square‑foot single‑tenant Burger King restaurant
- Absolute NNN lease with over 10 years of remaining term
- Corporate guarantee from Burger King Company LLC
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 65%
Dining 24%
Hotels & Casinos 11%
Walmart
Superstores
80,289 visits/mo
0.4 miles
Taco Bell
Dining
13,107 visits/mo
0.2 miles
Burger King
Dining
10,409 visits/mo
0.1 miles
Waffle House
Dining
5,928 visits/mo
0.1 miles
Baymont by Wyndham
Hotels & Casinos
3,590 visits/mo
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant restaurant with an absolute NNN lease and corporate lease guarantee.
Where is this nnn property located?
The property is located at 3102 N Monroe St Tallahassee, FL.
What is the asking price?
The asking price for this property is $2,081,958.
What are key features of this property?
This property features: 2,572‑square‑foot single‑tenant Burger King restaurant; Absolute NNN lease with over 10 years of remaining term; Corporate guarantee from Burger King Company LLC
