Tallahassee, FL NNN Properties for Sale

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Updated: Mar 25

Dairy Queen Drive-Through Restaurant

2227 N Monroe Street, Tallahassee, FL 32303

$1,450,000

0.58 AC lot

Dairy Queen franchise operating at the location for over 20 years
0.58‑acre site at 2227 N Monroe Street, Tallahassee, FL 32303
Freestanding QSR building with drive‑through lane and customer dining room
Commercial kitchen with grills, fryers, walk‑in cooler, and walk‑in freezer
Includes proprietary soft‑serve equipment, Blizzard stations, PAR POS, and signage

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Updated: Aug 26

Dollar General NNN Property

5200 Capital Cir NW, Tallahassee, FL 32303

$1,637,000

9,014 sqft

9,014‑square‑foot Dollar General property at 5200 Capital Cir NW, Tallahassee, FL 32303
Corporate‑guaranteed lease extended through October 2030
Two remaining 5‑year options, each with a 10% rent increase
7.75% cap rate
Capital Circle NW frontage with 14,200 VPD; US Hwy 27 carries 20,300 VPD nearby

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Freestanding IHOP Restaurant

2840 Apalachee Pkwy, Tallahassee, FL 32301

$2,525,000

3,996 sqft

Absolute NNN restaurant leased to a franchised IHOP operator with renewal options and annual rent increases.

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See what stands out in Leon County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

NNN Property with New Roof

1825 S Adams St, Tallahassee, FL 32301

$750,000

3,367 sqft

Commercial property with established tenancy near FAMU Campus and the Capitol area.

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Freestanding Retail Building For Sale

2320 Capital Cir NE, Tallahassee, FL 32308

$3,268,000

4,696 sqft

Freestanding retail building with tenants in prime retail destination.

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Sports Bar NNN Condominium

6800 Thomasville Road, Tallahassee, FL 32312

Contact for pricing

4,432 sqft

4,432 SF sports bar condominium with renovation underway and a 10-year absolute NNN lease in Bradfordville Commons.

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Stabilized Multi-Tenant Retail Center

1212 & 1216 North Monroe Street, Tallahassee, FL 32303

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13,262 sqft

Stabilized, fully occupied infill retail asset with multi-tenant configuration and in-place triple-net recoveries cash flow.

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Wawa NNN Property

3534 Thomasville Rd, Tallahassee, FL 32309

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5,537 sqft

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

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Wawa Absolute NNN Property

5445 Capital Cir SW, Tallahassee, FL 32305

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5,915 sqft 4.00 AC lot

Single-tenant convenience retail asset with C-2 General Commercial zoning and a long-term lease structure.

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Single-Tenant NNN Retail Property

2320 Capital Circle NE, Bldg 3, Tallahassee, FL 32308

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1,890 sqft

Brand-new freestanding retail investment leased to Swig Soda Company under a triple-net structure.

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Leased Absolute NNN Retail Property

6800 Thomasville Rd, Tallahassee, FL 32312

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4,432 sqft

Absolute NNN lease with minimal landlord responsibilities and 10 years remaining, including 15% increases every five years.

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Wendy's NNN Restaurant Investment

1828 North Monroe Street, Tallahassee, FL 32399

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2,146 sqft 0.60 AC lot

Build-to-suit 2023 Wendy’s on a 0.6-acre site with an absolute NNN lease.

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Tallahassee Distribution Facility For Sale

889 Mabry St, Tallahassee, FL 32304

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97,217 sqft 4.80 AC lot

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

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Whistle Express Car Wash

345 W Duval Street, Other City - In The, State Of Florida, FL 32055

$5,120,000

Absolute NNN lease with approximately 13 years remaining and 1.75% annual rent increases.

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Burger King NNN Restaurant Property

3102 N Monroe St, Tallahassee, FL 32303

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2,572 sqft

Single-tenant restaurant with an absolute NNN lease and corporate lease guarantee.

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Absolute NNN Investment Property

1719 W Tennessee St, Tallahassee, FL 32304

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7,128 sqft

Long-term lease structure includes renewal options and scheduled annual rent increases.

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NNN Medical Office Space

1611 Jaydell Circle, Tallahassee, FL 32308

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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

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

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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McDonald’s Drive-Through Restaurant

3631 Mahan Dr, Tallahassee, FL 32317

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

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Retail Drive-Thru Pad Site

3649 S Blair Stone Rd, Tallahassee, FL 32301

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

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NNN Property with On-Site Parking

2615 N Monroe Street, Tallahassee, FL 32303

$2,850,000

5,700 sqft

Level commercial property with paved access and on-site parking.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Tallahassee, FL

Tallahassee, FL Nnn Properties Market Trends and Statistics

Explore 22 nnn properties for sale in Tallahassee, FL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 171,304 square feet of properties for sale, with an estimated market value of $17,600,000.

Sale prices for triple net lease properties in Tallahassee, FL start at $750,000, averaging $2,514,285, and reaching up to $5,120,000 — 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
32301	$1.2M
32308	$1.6M
32303	$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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