Retail Asset with Ace
3510 N Monroe St, Tallahassee, FL 32303
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Stable, income-producing retail property with long-term lease in Tallahassee.
Type:Industrial
- Added:
- Mar 16, 2026
- Days on Market:
- 68
- Last Refresh:
- Mar 19 at 8:27 pm
Property Features for 3510 N Monroe St
General Information
- Standard status
- Active
- Property subtype
- Industrial
Listing agent Tracy Waters License #FL 658092
Listing office Premier Commercial Group (850) 545-2282
Listing date Mar 16, 2026
Source Crexi
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 Premier Commercial Group
HighLights
- 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.
- Ace Hardware is a nationally recognized brand with a long‑standing local franchisee.
- The location has served the Lake Jackson community for over 15 years, demonstrating tenant stability.
- Landlord responsible for roof and structure, offering a clearly defined responsibility structure.
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.
Property Profile
Location Intelligence
Current Use by Public Records
BOB'S Vintage and Antique's
Furniture & Home Goods
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
Nearby Similar for Lease
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 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.
