2314 NE Capital Cir - Freestanding FOR SALE


Tallahassee, FL 32308- Capital Circle
$1,603,250 USD
850-566-3782
2314 NE Capital Cir, Tallahassee, FL for Sale
$1,603,250 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

2314 NE Capital Cir
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

$1,603,250 USD

PRICE/SF

$848 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin Donuts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

-

APN/PARCEL ID

11-16-50-000-001.0

ASK ABOUT THIS PROPERTY

Logan ShortPremier Commercial GroupMore Info
850-566-3782

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Logan ShortPremier Commercial GroupMore Info
850-566-3782

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