List Search

2227 N Monroe St
Tallahassee, FL 32303 Northwest Tallahassee

$1,450,000 USD

Fast Food For Sale  •  3,521 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,521 SF
  • Lot Size 0.58 AC
  • Building Class B
  • Year Built 1974
  • Tenancy Multiple
  • Zoning CP
30 Transit Score
72 Walk Score

Description

This prime commercial opportunity is located on the high-traffic North Monroe Street corridor, situated conveniently inside Capital Circle. The subject property features a 2,227-square-foot building on a 0.47-acre parcel currently operating as a Dairy Queen. With a consistent three-year average in gross sales of approximately $1.3 million, the site offers strong historical performance and an established customer base.


The offering represents a total enterprise value of $1,686,604, which includes significant leasehold improvements and equipment valued at $730,000. While currently a successful franchise, the Dairy Queen agreement may be terminated upon sale, providing a unique "plug-and-play" opportunity for a buyer to rebrand the building to a new concept or professional use.

Highlights

Strong Financial Performance: The location maintains a consistent three-year average in gross sales of approximately $1,298,307
High Profitability Margins: The business operates with a robust Gross Profit margin and a projected 26.4% owner-operator EBITDA margin for 2025
Prime "In-Town" Location - Situated on the high-traffic North Monroe Street retail corridor, the 0.47-acre parcel sits firmly inside Capital Circle
Substantial Asset Value: The offering includes approximately $730,000 in building improvements, specialized equipment, and leasehold value
Strategic Rebranding Flexibility: While currently a Dairy Queen, the franchise may be terminated upon sale, allowing a buyer to rebrand
All Reasonable Offers and Terms Considered. Brokers Protected.

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Dairy Queen

Amenities

  • 24 Hour Access
  • Controlled Access
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Drive Thru
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Tallahassee International 18 min - 9.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Brad Kuskin 561-232-7899 GoCommercial
Brad Kuskin 561-232-7899 GoCommercial