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Net Leased Goodwill for Sale

$1,250,000

3416 North Monroe Street, Tallahassee, FL 32303

Active
Last Updated: 04/09/2025

5.49

Cap Rate

68,625

NOI

Details:
Cap Rate:    5.49%
NOI:    $68,625
Class:    C
Year Built:    1947
Price Per Sqft:    $216
Zoning:    M1
Tenancy:    Single
Parking Spots:    25
Highlights:
  • Excellent opportunity to purchase long-term stable asset
  • Tenant, Goodwill Industries - Big Bend, Inc., operates 38 locations throughout Florida and Georgia
  • 5.69 acres along highly trafficked North Monroe Street
  • 5 years remaining on the initial lease term, plus one 5-year option to renew
Description:

illi Commercial Real Estate is pleased to offer for sale the single tenant Goodwill, located in Tallahassee, Florida. The tenant, Goodwill Industries - Big Bend, Inc., operates 38
locations throughout Florida and Georgia and has 5 years remaining on the initial lease term, plus one 5-year option to renew.
This unique property is situated on 1.69 acres along highly trafficked North Monroe Street, with over 34,000 CPD. With a successful tenant in a desirable location, the asset
offers an investor an excellent opportunity to purchase a long-term stable asset.

Map:
Documents:
Title
Goodwill_Tallahase_Marketing_Brochure.pdf
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Location
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