Cancun's Bar & Grill

Absolute-Net Restaurant Investment

Premier Commercial Group is pleased to offer for sale Cancun's Bar & Grill — a 4,432 SF absolute-net-leased restaurant investment at 6800 Thomasville Rd, Suite 102 in Tallahassee, Florida. The tenant is on a 10-year absolute net lease with 9 years remaining, structured with 12% rent increases every 5 years and backed by a double personal guaranty from a family that owns and operates 26 restaurants — a rare depth of operator strength for a single-tenant restaurant asset of this size. Located on Thomasville Road in the affluent Bradfordville corridor of Northeast Tallahassee, the property benefits from a proven, national-brand co-tenancy — Publix, Target, Starbucks, Chick-fil-A, Culver's, Ace Hardware, and more — and one of the region's highest-income trade areas. Offered at $2,000,000 at a 6.24% cap rate.