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Wawa NNN Property
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3534 Thomasville Rd, Tallahassee, FL 32309

New construction supported by a 20-year ground lease and corporate lease structure.

Property Size5,537 SF
Price / SF$1,224
Days on Market112

Property Features for 3534 Thomasville Rd

General Information

Standard status Active
Size 5,537 SF
Class A
Total Parking Spaces 45
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $305,000

Site & Location

Traffic Count 55,000 vehicles/day
Road Access Yes

Building Details

Year Built 2025
Buildings 1
Stories 1
Tenancy Single
Listing Agency: SRS Real Estate Partners Tampa
Listed By: Patrick Nutt · License #BK3120739
Source: Crexi
Added: May 12 Changed: Aug 30 Last Checked: Aug 30 at 11:21PM

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 SRS Real Estate Partners Tampa

Investment Insights

Based on property information with market context.

This Wawa-branded NNN property was constructed in 2025 and measures 5,537 square feet. The asset is subject to a 20-year ground lease with a corporate lease structure, providing a defined contractual framework for ownership and occupancy.

The property fronts Thomasville Rd in Tallahassee, Florida, at 3534 Thomasville Rd, Tallahassee, FL 32309. The roadway is identified as carrying 55,000 VPD, placing the property along an established commercial corridor. Commercial zoning supports the recorded land-use classification.

Key Highlights

  • Wawa‑branded NNN property with a corporate lease structure
  • 20‑year ground lease
  • 5,537‑square‑foot property constructed in 2025

Property Analytics

Current Use

Merrick Lawn Care Landscaping

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

55,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

956
Businesses Nearby
477k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Dining 28% Groceries 27% Home Improvements & Furnishings 6%
Publix Groceries
65,071 visits/mo 0.3 miles
Hobby Lobby Shops & Services
57,271 visits/mo 0.4 miles
Total Wine & More Groceries
36,635 visits/mo 0.1 miles
McDonald's Dining
35,472 visits/mo 0.5 miles
HomeGoods Home Improvements & Furnishings
29,277 visits/mo 0.2 miles

Demographics for 32309, FL

31,189
Population
13,719
Households
2.3
Avg Household Size
44
Median Age
61%
College-Educated
98%
High-School Grad
122.0 sq mi
ZIP Area
256
Density / Sq Mi
$110,162
Median Household Income
$57,837
Median Earnings
$1,363
Median Rent
$351,800
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?
NNN property - New construction supported by a 20-year ground lease and corporate lease structure.
Where is this nnn property located?
The property is located at 3534 Thomasville Rd Tallahassee, FL.
What is the asking price?
The asking price for this property is $6,778,000.
What are key features of this property?
This property features: Wawa‑branded NNN property with a corporate lease structure; 20‑year ground lease; 5,537‑square‑foot property constructed in 2025
More about this property
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