3510 N Monroe St, Tallahassee, FL 32303

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Listing office Premier Commercial Group Show Phone

Listing date Mar 16, 2026

Source Crexi

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Overview

This retail property at 3510 N Monroe Street in Tallahassee, Florida, presents an opportunity to acquire a stable, income-producing asset. It is offered as a sale/leaseback with Ace Hardware, a nationally recognized hardware retailer. The property is secured by a long-term lease with approximately 9 years remaining. The lease includes 10% rent increases every 5 years and three five-year renewal options. The landlord is responsible for the roof and structure. The lease is with a local franchisee, not the corporate entity. This location has served the Lake Jackson community for over 15 years. Situated along North Monroe Street, a primary retail corridor in Tallahassee, the site benefits from strong traffic and established retail synergy. This offering is suitable for investors seeking durable tenancy, long-term income stability, and exposure to a national retailer in a growing Florida market.

Suggested Use

Real Estate Agency Dental Office Restaurant Auto Repair Shop Building Supply Big Box & Wholesale Store Spa & Massage Center Auto Parts Store Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• R-Chno Same Day Flower Delivery Tallahassee FL — 1201 n monroe st, tallahassee, fl 32303
• Ambiance Florist - Flower Delivery Tallahassee FL — 1110 N Monroe St, Tallahassee, FL 32303

Location Insight

• Map
• Local Demand

City

Tallahassee

County

Leon

State

Florida

Longitude

-84.3255964

Latitude

30.494061

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FAQs

What type of property is this?

Storefront property - Stable, income-producing retail property with long-term lease in Tallahassee.

Where is this storefront property located?

The property is located at 3510 N Monroe St Tallahassee, FL.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Long‑term lease with approximately 9 years remaining with Ace Hardware, providing stable income.; 10% rent increases every 5 years and three (3) five‑year renewal options, offering predictable cash flow and income growth.; Located on North Monroe Street, a primary retail corridor, benefiting from strong traffic and established retail synergy.