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Absolute NNN Bar & Grill

6800 Thomasville Rd Ste 102, Tallahassee, FL 32312

For Sale
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A restaurant tenant occupies the suite under an absolute net lease with scheduled rent increases.

Property Size4,432 SF
Price / SF$451.26
Days on Market33

Property Features for 6800 Thomasville Rd Ste 102

General Information

Standard status Active
Size 4,432 SF
Property subtype Retail

Financials

Asking Price $2,000,000
Cap Rate 6.24%

Additional Details

Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: Premier Commercial Group
Listed By: Sean Feheley
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 3:45PM

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

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Investment Insights

Based on property information with market context.

Cancun's Bar & Grill occupies a 4,432-square-foot suite at 6800 Thomasville Road, Suite 102, in Tallahassee. The property is leased on an absolute net basis, with 9 years remaining on the 10-year term. Rent increases by 12% every 5 years, and the lease carries a double personal guaranty from a family that owns and operates 26 restaurants.

The property is on Thomasville Road in Northeast Tallahassee's Bradfordville corridor. Nearby co-tenants include Publix, Target, Starbucks, Chick-fil-A, Culver's, and Ace Hardware.

Key Highlights

  • 4,432 SF restaurant suite occupied by Cancun's Bar & Grill
  • Absolute net lease with 9 years remaining on the 10‑year term
  • 12% rent increases every 5 years

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Burn Boot Camp Gym & Fitness Center United States Postal ... Post Office Artistry Dance Alliance Training Center Hurricane Grill & Wings-Tallahassee Restaurant

Suggested Use

Top Pick Auto Repair Shop Hair Salon Law Firm Real Estate Agency Spa & Massage Center HVAC Service

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby
290k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 32% Dining 30% Shops & Services 18% Groceries 13%
Target Superstores
92,748 visits/mo 0.3 miles
Chick-fil-A Dining
40,771 visits/mo 0.4 miles
Publix Groceries
37,456 visits/mo 0.2 miles
Circle K Shops & Services
23,304 visits/mo 0.4 miles
Wendy's Dining
12,733 visits/mo 0.4 miles

Demographics for 32312, FL

34,304
Population
13,039
Households
2.6
Avg Household Size
43
Median Age
64%
College-Educated
97%
High-School Grad
93.4 sq mi
ZIP Area
367
Density / Sq Mi
$119,664
Median Household Income
$55,320
Median Earnings
$1,505
Median Rent
$406,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Barrel Proof lounge — 3441 Bannerman Rd, Tallahassee, FL 32312
  • Starbucks — 3751 Bradfordville Rd, Tallahassee, FL 32309
  • The Blu Halo — 3431 Bannerman Rd Suite #102, Tallahassee, FL 32312
  • Tallulah Kava Bar | THC Slushies. THC Drinks on Tap. Kanna Drinks. Elixir Drinks. THC Lemonade Drinks. Nicotine Vapes — 3437 Bannerman Rd Suite 104, Tallahassee, FL 32312
  • Hurricane Grill & Wings-Tallahassee — 6800 Thomasville Rd #103, Tallahassee, FL 32312

Frequently Asked Questions

What type of property is this?
Bar & Pub - A restaurant tenant occupies the suite under an absolute net lease with scheduled rent increases.
Where is this bar & pub located?
The property is located at 6800 Thomasville Rd Ste 102 Tallahassee, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 4,432 SF restaurant suite occupied by Cancun's Bar & Grill; Absolute net lease with 9 years remaining on the 10‑year term; 12% rent increases every 5 years
(305) 609-8698 · Office Call to check price and availability
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