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2320 NE Capital Cir
Tallahassee, FL 32308
Swig · Retail Property For Sale
Investment Highlights
- Swig's First N. Florida Location
- 60,000 VPD on Capital Circle NE
- Multi-Building National Plaza
- NNN — Hands Off
- 5.5% Cap on $100K NNN NOI
- Adjacent to Canopy & Welaunee Growth
Executive Summary
Premier Commercial Group is pleased to offer a brand-new single tenant NNN retail investment at Building 3 of Capital Hill Plaza — leased to Swig Soda Company, a national beverage brand rapidly expanding across the country. This will be Swig's first location in North Florida, marking the brand's entry into a growing market with proven national-brand demand. Rent commences October 1, 2026 at $100,000 annually on a triple-net (NNN) structure, delivering hands off ownership from day one. The site sits inside Capital Hill Plaza — a multi-building national-brand center on Capital Circle NE with traffic counts exceeding 60,000 vehicles per day, minutes from the I-10 interchange and the new Canopy master-planned community. Priced at $1,818,181 for a 5.5% going-in cap rate, this offering pairs a first-in-market national tenant with one of Tallahassee's most active retail corridors.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,890 SF
Building Class
B
Year Built
2024
Price
$1,818,182
Price Per SF
$962.00
Cap Rate
5.50%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
4.00 AC
Property Taxes
| Parcel Number | 11-16-50-000-003.0 | Improvements Assessment | $569,486 |
| Land Assessment | $96,723 | Total Assessment | $666,209 |
Property Taxes
Parcel Number
11-16-50-000-003.0
Land Assessment
$96,723
Improvements Assessment
$569,486
Total Assessment
$666,209
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