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Tallahassee, FL NNN Properties for Sale

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Absolute NNN Applebee’s Neighborhood Grill+Bar
Updated: Jun 22
Absolute NNN Applebee’s Neighborhood Grill+Bar

4040 LAGNIAPPE WAY, Tallahassee, FL 32317

$2,439,000
5,540 sqft 1.36 AC lot
Net leased Applebee’s Neighborhood Grill + Bar built in 2016 with a newly executed, corporate‑guaranteed absolute triple net (NNN) lease.
Lease features 15+ years remaining plus (4) 5‑year renewal options and 1.5% annual rent escalations.
5,540 SF building on a 1.36‑acre parcel (59,242 SF) at Lagniappe Way in Tallahassee, FL.
Strong traffic and visibility along Lagniappe Way with 8,000+ VPD, plus proximity to Mahan Dr (32,000+ VPD) and Buck Lake Rd (10,000+ VPD).
Ample parking and high‑visibility signage to support the casual dining format.
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Stabilized Multi-Tenant Retail Center
Updated: Jul 6
Stabilized Multi-Tenant Retail Center

1212 & 1216 North Monroe Street, Tallahassee, FL 32303

$3,300,000
13,262 sqft
Retail property built in 1946
Stabilized infill retail asset with full occupancy
In‑place cash flow supported by triple‑net recoveries
Multi‑tenant configuration
Located in a commercial district described as 95% developed
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Freestanding Retail Building For Sale
Freestanding Retail Building For Sale

2320 Capital Circle Northeast, Tallahassee, FL 32308

$3,268,000
4,696 sqft

Freestanding retail building with tenants in prime retail destination.

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Single-Tenant NNN Gas Station
Single-Tenant NNN Gas Station

1755 N Blair Stone Rd, Tallahassee, FL 32308

$6,222,000
6,119 sqft

Absolute NNN ground lease with 20-year term and multiple extension options, leased to Wawa.

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Tallahassee Distribution Facility For Sale
Tallahassee Distribution Facility For Sale

889 Mabry St, Tallahassee, FL 32304

$5,929,596
97,217 sqft 4.80 AC lot

Distribution facility near Florida State University with long-term lease.

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NNN Medical Office Space
NNN Medical Office Space

1611 Jaydell Circle, Tallahassee, FL 32308

Contact for pricing

NNN medical office space offered for lease, priced at $16.00 per NNN per the listing remarks.

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Triple Net Childcare Facility
Triple Net Childcare Facility

2881 E Park Ave, Tallahassee, FL 32301

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Childcare Network facility built in 2012 under an absolute triple net lease set to expire June 30, 2032.

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Drive-Through Restaurant Building
Drive-Through Restaurant Building

1935 Apalachee Pky, Tallahassee, FL 32301

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Free-standing restaurant building with drive-thru and ample parking along Apalachee Parkway.

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Retail Drive-Thru Pad Site
Retail Drive-Thru Pad Site

3649 S Blair Stone Rd, Tallahassee, FL 32301

Contact for pricing

Free-standing drive-thru pad opportunities with infrastructure in place, offered in two pad sizes for sale or lease.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Tallahassee, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Auto Service Center NNN Lease
Auto Service Center NNN Lease

1072 North Saint Augustine Road, Valdosta, GA 31601

$2,456,140
5,654 sqft

A 20-year NNN-leased express oil change offering scheduled rent increases over the initial term.

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Single-Tenant NNN Ground Lease Retail
Single-Tenant NNN Ground Lease Retail

4330 Amber Drive, Valdosta, GA 31602

$3,939,000
5,537 sqft 2.35 AC lot

Absolute NNN ground lease with a newly constructed building leased to Wawa, positioned at a signalized corner.

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NNN Restaurant Property
NNN Restaurant Property

2324 E Oglethorpe Blvd, Albany, GA 31705

Contact for pricing
2,752 sqft 0.98 AC lot

Hardee's offered on a brand new 20-year triple-net lease with scheduled 10% increases every five years.

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NNN Lease Investment Opportunity
NNN Lease Investment Opportunity

1007 E Oglethorpe Blvd, Albany, GA 31705

$820,000
13,428 sqft

NNN property for sale, drive time location.

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Tallahassee, FL Nnn Properties Market Trends and Statistics

Explore 9 nnn properties for sale in Tallahassee, FL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 126,834 square feet of properties for sale, with an estimated market value of $21,158,596.

Sale prices for triple net lease properties in Tallahassee, FL start at $2,439,000, averaging $4,231,719, and reaching up to $6,222,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 295K
Population Growth (5Y) +0.9%
Median Household Income $70,585
College Educated 33.2%

High-Yield Neighborhoods for Investment

Identify Tallahassee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32308 $1.6M
32317 $2.4M
32303 $4.8M
32304 $6.2M

Taxes & Financing

Tax Rate (average for all types) 1.79%
Property Tax per SF $27.32 per SF
Tax Rate vs County Average 0.07 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Leon County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Tallahassee fall within the 100,000+ square foot range.

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