3808 N Monroe St
Tallahassee, Fl, 32303
| Price | $1,000,000 |
| Type | Sale |
| Size | 3,200 sf |
| Listed | |
| Status | Listed |
Details
Al Russell
4708 Capital Circle NWTallahassee, FL, 32303
| 850-205-5201 | |
| 850-508-4242 | |
| arussell@teampcg.com |
Lic. BK3433407
Premier Commercial Group proudly presents a prime investment opportunity in a high traffic strip plaza located on 3808 N Monroe St. in Tallahassee, FL. This offering includes two fully leased units, currently occupied by well-established tenants: Papa John’s and Just One More. Papa John’s has 2 years remaining on a NNN lease, providing stable income with minimal landlord responsibilities. Just One More has 4 years left on its NNN lease, offering additional long-term security. Both tenants are locked in at below-market rents, creating a significant opportunity for future rent growth. With no renewal options in place, investors have the potential to adjust leases to reflect current market conditions upon expiration. This is a fantastic opportunity for savvy investors seeking a steady return with upside potential in one of Tallahassee’s most active commercial areas. Don’t miss out on this chance to add a high-performing asset to your portfolio!
- Minutes from I-10 interchange
- 100% occupancy with NNN leases way below market rent
- Strong rental income potential
- Well-maintained property with high visibility and foot traffic
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