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2320 NE Capital Cir 4,696 SF 100% Leased Retail Building Tallahassee, FL 32308 $3,268,000 ($695.91/SF) 6.35% Cap Rate
Executive Summary
Freestanding retail building offered for sale! Tenants include Smoothie King, Hazel Sky Smoke & Vape, and Lavish Nail Spa. Excellent NNN investment opportunity!
Situated in Capital Hill Plaza on Capital Circle Northeast, this location is a prime retail destination. Traffic counts exceed over 60,000 vehicles per day. Retailers include Dunkin Donuts, Smoothie King, Avis/Budget Car Rental, Cube Smart and more.
Situated in Capital Hill Plaza on Capital Circle Northeast, this location is a prime retail destination. Traffic counts exceed over 60,000 vehicles per day. Retailers include Dunkin Donuts, Smoothie King, Avis/Budget Car Rental, Cube Smart and more.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,696 SF
Building Class
B
Year Built
2021
Price
$3,268,000
Price Per SF
$695.91
Cap Rate
6.35%
NOI
$207,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
4.00 AC
Zoning
PUD
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-16-50-000-002.0 | Improvements Assessment | $671,234 |
| Land Assessment | $154,440 | Total Assessment | $825,674 |
Property Taxes
Parcel Number
11-16-50-000-002.0
Land Assessment
$154,440
Improvements Assessment
$671,234
Total Assessment
$825,674
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2320 NE Capital Cir
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