Burger King | Tallahassee, FL | Corporate Guarantee
Below Market Rent | Long Operating History
Marketing description
Vero Capital Group is pleased to present the exclusive sale of a single-tenant Burger King located at 3102 N Monroe St, Tallahassee, Florida. Burger King operates under an absolute NNN lease with over 10 years of remaining term. The lease is corporately guaranteed by Burger King Company LLC. The property is located along North Monroe Street, one of Tallahassee’s primary commercial corridors, just off Interstate 10. The site benefits from convenient access along a heavily trafficked retail corridor. The surrounding area features a strong concentration of national retailers, including a nearby Walmart, as well as several hotels that help generate consistent daily traffic. An HCA Emergency Room facility located directly across the street further enhances the location by drawing steady activity from healthcare staff, patients, and visitors.
Investment highlights
CORPORATE GUARANTEE
The lease is backed by Burger King Company LLC, a subsidiary of Restaurant Brands International (NYSE: QSR), one of the largest quick-service restaurant companies in the world. Restaurant Brands International operates a global system of approximately 30,000 restaurants across more than 100 countries.
PRIME RETAIL LOCATION
Burger King is located on North Monroe Street, a major commercial corridor in Tallahassee near Interstate 10. The property offers strong visibility and access along a heavily traveled roadway. Nearby Walmart, several hotels, and an HCA Emergency Room across the street help drive consistent traffic to the area.
ESTABLISHED TENANT WITH LONG-TERM COMMITMENT
Burger King has been operating at this location since 2006. In 2015, the tenant executed a new extension, which currently has 10 years remaining on the base term, demonstrating a long-standing commitment to the site and continued occupancy at the property.
TRAFFIC & DEMOGRAPHICS
The property benefits from strong traffic exposure, with over 36,000 vehicles passing the site daily, providing excellent visibility and consistent customer flow for the tenant. The surrounding area is supported by strong and growing demographics. The 2026 population within a 5-mile radius is approximately 161,301, projected to increase to 171,630 by 2031.
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