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McDonald’s Drive-Through Restaurant
For Sale
Contact for pricing
Pending

3631 Mahan Dr, Tallahassee, FL 32317

Ground-leased corporate restaurant with 9.1 years remaining and 8% increases every 5 years.

Property SizeContact for details
Days on Market143

Property Features for 3631 Mahan Dr

General Information

Standard status Pending
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2008
Listing Agency: GAIA Real Estate Investments
Listed By: Erika Carlson · License #CA 01789133
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:36AM

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 GAIA Real Estate Investments

Investment Insights

Based on property information with market context.

This corporate McDonald’s is offered as a ground-leased restaurant interest. The property was developed in 2008 and operates under a lease with 9.1 years remaining, along with 8% increases scheduled every 5 years.

The restaurant occupies an outparcel position alongside Wal-Mart and Costco on Mahan Drive, also identified as US 90. The surrounding retail cluster includes Applebee’s, Boot Barn, Cobb Theaters, Publix, Checkers, Bass Pro Shop, Big Lots, and Burger King. The site is approximately 11 miles from Downtown Tallahassee.

The property is located in Tallahassee, Florida, a community reported in 2017 with an inner-city population of 191,049 and a metro-area population of 382,627.

Key Highlights

  • Corporate McDonald’s operating under a ground lease
  • 9.1 years remaining on the lease
  • 8% increases every 5 years

Property Analytics

Current Use

McDonald's Cafe & Coffee Shop

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Grocery & Convenience Store Garden Center Hair Salon Parking Lot & Garage

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

573
Businesses Nearby
645k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 41% Apparel 25% Shops & Services 21% Dining 13%
Walmart Superstores
123,514 visits/mo 0.1 miles
Costco Wholesale Superstores
110,562 visits/mo 0.3 miles
Bass Pro Shops Apparel
74,987 visits/mo 0.2 miles
Academy Sports + Outdoors Apparel
65,770 visits/mo 0.4 miles
Costco Gasoline Shops & Services
43,229 visits/mo 0.3 miles

Demographics for 32317, FL

14,459
Population
5,817
Households
2.5
Avg Household Size
45
Median Age
56%
College-Educated
97%
High-School Grad
35.6 sq mi
ZIP Area
406
Density / Sq Mi
$121,802
Median Household Income
$59,311
Median Earnings
$1,502
Median Rent
$344,200
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?
Drive through restaurant - Ground-leased corporate restaurant with 9.1 years remaining and 8% increases every 5 years.
Where is this drive through restaurant located?
The property is located at 3631 Mahan Dr Tallahassee, FL.
What are key features of this property?
This property features: Corporate McDonald’s operating under a ground lease; 9.1 years remaining on the lease; 8% increases every 5 years
More about this property
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