2320 Capital Cir NE - Retail FOR SALE


Tallahassee, FL 32308- Capital Circle
$1,700,000 USD
850-508-4242
2320 Capital Cir NE, Tallahassee, FL for Sale
$1,700,000 USD
Retail - FOR SALE
1/5
null | 5.66% Cap Rate

2320 Capital Cir NE
Tallahassee, FL 32308
Capital Circle


HIGHLIGHTS

  • Traffic count of 60,000 cars per day on Capital Circle NE
  • Brand new construction in highly populated area
  • 7+ year net lease with national tenant
  • Minutes from an I10 interchange and the Canopy community

OVERVIEW

Premier Commercial Group is proud to present the sale of a newly constructed (2022) Dunkin Donuts on Capital Circle NE! This is a free standing drive-thru building at the entrance of Capital Hill Plaza, in addition to Cube Smart, Avis Car Rentals, Smoothie King, HTeaO, and many others being built. This free standing, net lease asset with 7+ years remaining on a 10 year lease, contract with a season multi unit operator. NOI based off of upcoming rent increase (2027)

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$1,700 USD /SF

CAP RATE

5.66%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin Donuts

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

PUD

APN/PARCEL ID

11-16-50-000-008.0

ASK ABOUT THIS PROPERTY

Al RussellPremier Commercial GroupMore Info
850-508-4242

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Al RussellPremier Commercial GroupMore Info
850-508-4242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.