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Wawa - Tallahassee FL 1495 Capital Cir NW 5,943 SF Retail Building Tallahassee, FL 32303 $6,000,000 ($1,009.59/SF) 4.50% Cap Rate
Investment Highlights
- This is Wawa’s first location in Tallahassee
- Just South of I-10 (59,000) and just North of Tennessee St (31,700 VPD), two major commuter thoroughfares serving Tallahassee
- Located at the signalized, hard corner intersection of Capital Circle NW and Hartsfield Rd averaging a combined 44,800 VPD
Executive Summary
Brand New Construction | First Wawa Location in Tallahassee | Directly Off I-10 (59,000 VPD)
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,943 SF
Building Class
B
Year Built
2024
Price
$6,000,000
Price Per SF
$1,009.59
Cap Rate
4.50%
NOI
$270,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.39 AC
Zoning
CP
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-20-20-628-000.0 | Improvements Assessment | $1,885,183 |
| Land Assessment | $877,515 | Total Assessment | $2,762,698 |
Property Taxes
Parcel Number
21-20-20-628-000.0
Land Assessment
$877,515
Improvements Assessment
$1,885,183
Total Assessment
$2,762,698
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Wawa - Tallahassee FL | 1495 Capital Cir NW
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