2316 NE Capital Cir - Self-Storage Facilities FOR SALE


Tallahassee, FL 32308- Capital Circle
$21,600,000 USD
850-545-2282
2316 NE Capital Cir, Tallahassee, FL for Sale
$21,600,000 USD
Self-Storage Facilities - FOR SALE
1/8
null | Request Cap Rate

2316 NE Capital Cir
Tallahassee, FL 32308
Capital Circle


HIGHLIGHTS

  • Fully leased four-story facility containing 960 climate-controlled storage units.
  • Situated within Capital Hill Plaza with co-tenancy including Avis, Smoothie King, Lavish Nails, and Smile Doctors.
  • High-traffic location along Capital Circle NE with over 59,600 vehicles per day.
  • Positioned near major residential developments such as Canopy, projecting more than 20,000 future homes.
  • Upcoming infrastructure improvements, including the new I-10 interchange, bolster regional connectivity and demand.
  • Surrounded by national and regional retail and service-oriented businesses driving consistent consumer traffic.

OVERVIEW

Premier self-storage investment opportunity located within Capital Hill Plaza at 2320 Capital Circle NE in Tallahassee, Florida. This four-story, ±121,000 SF facility features 960 climate-controlled storage units and is fully leased to CubeSmart, one of the nation’s leading self-storage operators. Offered at $21,600,000, the property is one of eight buildings within the established Capital Hill Plaza, a well-trafficked commercial center along Capital Circle NE. The plaza is home to a strong mix of national and regional tenants including Avis Car Rental, Dunkin’, Smoothie King, Lavish Nails, Smile Doctors, and other service-oriented retailers that drive consistent consumer traffic to the center. Strategically positioned within one of Tallahassee’s primary commercial corridors, directly across from Publix and Lowe's, the property benefits from strong visibility, easy accessibility, and a growing surrounding population base. This offering presents investors with the opportunity to acquire a stabilized self-storage asset operated by a nationally recognized brand within a thriving retail environment.

FOR SALE DETAILS

PRICE

$21,600,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cube Smart

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

PD

APN/PARCEL ID

11-16-50-000-007.0

ASK ABOUT THIS PROPERTY

Tracy WatersPremier Commercial GroupMore Info
850-545-2282

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Tracy WatersPremier Commercial GroupMore Info
850-545-2282

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