2320 NE Capital Cir - Restaurant FOR SALE


Tallahassee, FL 32308- Capital Circle
$1,818,182 USD
850-566-3782
2320 NE Capital Cir, Tallahassee, FL for Sale
$1,818,182 USD
Restaurant - FOR SALE
1/8
null | 5.5% Cap Rate

2320 NE Capital Cir
Tallahassee, FL 32308
Capital Circle


HIGHLIGHTS

  • Swig's First N. Florida Location
  • NNN — Hands Off
  • 60,000 VPD on Capital Circle NE
  • 5.5% Cap on $100K NNN NOI
  • Multi-Building National Plaza
  • Adjacent to Canopy & Welaunee Growth

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,818,182 USD

PRICE/SF

$962 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Swig

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

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.