2320 NE Capital Cir - Restaurant FOR SALE


Tallahassee, FL 32308
$2,010,667 USD
850-508-4242
2320 NE Capital Cir, Tallahassee, FL for Sale
$2,010,667 USD
Restaurant - FOR SALE
1/10
null | 6% Cap Rate

2320 NE Capital Cir
Tallahassee, FL 32308


HIGHLIGHTS

  • Net leased by regional tenant with new 10 year lease
  • 3% yearly increases

OVERVIEW

Premier Commercial Group is proud to present this building for sale in Capital Hill Plaza. This 1,890 sf single tenant building includes a drive thru and is currently being leased out by HTeaO - a national tenant with 9.5 years remaining on a 10 year NNN lease. This property sits inside of our newly constructed Capital Hill Plaza in addition to many other national tenants such as Dunkin Donuts,Smoothie King, Avis Car Rentals, and more. It fronts Capital Circle NE - one of the busiest roads in Tallahassee, and is second away from an I-10 interchangeHTeaO originated in Texas in 2018. It currently has over 60 stores nation wide in Texas, Arkansas, New Mexico, and Florida, with 100 stores currently under construction and over 300 signed franchise agreements!

FOR SALE DETAILS

PRICE

$2,010,667 USD

PRICE/SF

$1,064 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HTeaO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

-

APN/PARCEL ID

11-16-50-000-003.0

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.