Freestanding For Lease • 5,000 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Industrial | 5,000 SF | $12.00 USD/SF/YR | |
5,000sf Warehouse attached to Ace Hardware
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Premier opportunity to acquire a stable, income-producing retail asset at 3510 N Monroe Street in Tallahassee, Florida, offered as a sale/leaseback with Ace Hardware, one of the nation’s largest and most recognized hardware retailers. The property is secured by a long-term lease with approximately 9 years remaining, featuring 10% rent increases every 5 years and three (3) five-year renewal options, providing predictable cash flow and built-in income growth. The landlord is responsible for roof and structure, offering a clearly defined responsibility structure. While Ace Hardware is a national brand, the lease is with a long-standing local franchisee, not corporate. This location has served the Lake Jackson community for over 15 years, demonstrating strong tenant stability and local market presence. Located along North Monroe Street, a primary Tallahassee retail corridor, the site benefits from strong traffic counts, established retail synergy, and consistent consumer demand. This offering is ideal for investors seeking durable tenancy, long-term income stability, and exposure to a proven national retailer in a growing Florida market.
| ±5,000 SF warehouse space with second-floor mezzanine |
| 20’ clear ceiling height in metal building |
| Two dock-high roll-up bay doors for loading |
| Gated access with secured yard area |
| Frontage on high-traffic N Monroe Street next to SunStop |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Ace Hardware | 11/27/2034 | |
| Pinnacle Preservation |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Tallahassee International | 18 min | - | 10.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 12 |
| Type: | Surface |
| Included in Rent: | Yes |