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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,100 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $177,500 /YR $14,792 /MO | Triple Net (NNN) |
1st Floor
1997 Capital Circle NE is a bank/credit union facility located on a 2.25 +/- acre site at the intersection of Capital Circle NE and Centerville Road (Welaunee Boulevard). It features exceptional access on 4 roads including Capital Circle, Welaunee Boulevard, Buford Boulevard, and Welby Way. The improvements consist of a main branch office of approximately 6,604 sq. ft. that features a beautifully designed lobby, 4 teller stations, bank vault, offices for management and loan department staff, break room, and much more. An auxiliary drive thru structure features 5 drive thru lanes. Uniquely situated at one of Tallahassee’s most visible intersections, the site is surrounded by two regional hospitals, medical and professional offices, popular restaurants, retail businesses, well as some of the most popular neighborhoods in Tallahassee including the new and rapidly growing “Canopy” development. Please see attached lease brochure for more information including floor plans and site plan. High Barrier To Entry Area 6,604 Sq. Ft. for Main Office 1,349 Sq. Ft. Auxiliary Drive Thru Teller Station 5 Drive Thru Lanes Vault and Night Depository New Roof-2012 Zoning: CP (Commercial Parkway) Fiber Optic Service Available Pylon Signage on Capital Circle NE Corner Lot with 4 Vehicular Access Points Large Lobby, Multiple Offices, Break Room, and Board Room. Office Furniture Available 57 Parking Spaces
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Private Restrooms
- Wi-Fi Connectivity
- Drive Thru
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 7,100 SF | Gross Leasable Area | 7,100 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Bank | Parking Ratio | 7.04/1,000 SF |
| Total Space Available | 7,100 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 7,100 SF |
| Year Built | 1980 |
| Parking Ratio | 7.04/1,000 SF |
ABOUT THE PROPERTY
1997 Capital Circle NE is a bank/credit union facility located on a 2.25 +/- acre site at the intersection of Capital Circle NE and Centerville Road (Welaunee Boulevard). It features exceptional access on 4 roads including Capital Circle, Welaunee Boulevard, Buford Boulevard, and Welby Way. The improvements consist of a main branch office of approximately 6,604 sq. ft. that features a beautifully designed lobby, 4 teller stations, bank vault, offices for management and loan department staff, break room, and much more. An auxiliary drive thru structure features 5 drive thru lanes. Uniquely situated at one of Tallahassee’s most visible intersections, the site is surrounded by two regional hospitals, medical and professional offices, popular restaurants, retail businesses, well as some of the most popular neighborhoods in Tallahassee including the new and rapidly growing “Canopy” development. Please see attached lease brochure for more information including floor plans and site plan. High Barrier To Entry Area 6,604 Sq. Ft. for Main Office 1,349 Sq. Ft. Auxiliary Drive Thru Teller Station 5 Drive Thru Lanes Vault and Night Depository New Roof-2012 Zoning: CP (Commercial Parkway) Fiber Optic Service Available Pylon Signage on Capital Circle NE Corner Lot with 4 Vehicular Access Points Large Lobby, Multiple Offices, Break Room, and Board Room. Office Furniture Available 57 Parking Spaces
- Conferencing Facility
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
- Drive Thru
- Air Conditioning
- Fiber Optic Internet
NEARBY MAJOR RETAILERS
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1997 Capital Cir NE
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