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    1311 Executive Center Cir W Tallahassee, FL 32301

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $9,583 /Mo ($2 SF/Yr)

    High-traffic location, build-to-suit or ground lease.

    Lot size:
    50,530 SF

    Description

    Added:
    Mar 24, 2025
    Days on Market:
    289
    This exceptional 1.16-acre commercial land parcel presents a prime opportunity for development in Tallahassee, Florida. Situated near the intersection of Capital Circle SE (41,000 vehicles daily) and Apalachee Parkway (35,000 vehicles daily), this site boasts unparalleled visibility and accessibility within a thriving retail trade area. A traffic signal conveniently located along Apalachee Parkway further enhances accessibility. The 50,530 square foot lot is ideally suited for a variety of uses, including quick-service restaurants (QSRs), retail establishments, banking facilities, or restaurants. The property's strategic location places it amongst a strong concentration of national retailers and restaurants, including Target, Starbucks, ALDI, Culver's, Jimmy John's, Slim Chickens, Jason's Deli, Del Taco, Whataburger, McDonald's, Zaxby's, and Popeyes, ensuring high foot traffic and brand synergy. This offering is available as a ground lease or build-to-suit opportunity, providing flexibility for potential tenants. The monthly rate is $9,583, with a NNN lease structure.

    Property Features for 1311 Executive Center Cir W

    General Information

    Property type
    Other land
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    50,530 SF
    USF (Usable sq. ft)
    50,530 SF
    Elevators
    N/A
    Total Rate
    9583

    HighLights

    • 1.16‑acre Tallahassee retail site, ideal for ground lease or build‑to‑suit.
    • High‑traffic location near major intersections with 76,000 daily vehicles.
    • Supports diverse uses including QSR, retail, banks, and restaurants; near many national brands.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    State
    Florida
    Longitude
    -86.116962
    Latitude
    30.537288

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    FAQs

    What type of property is this?
    Land - High-traffic location, build-to-suit or ground lease.
    Where is this land located?
    The property is located at 1311 Executive Center Cir W Tallahassee, FL.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: 1.16-acre Tallahassee retail site, ideal for ground lease or build-to-suit.; High-traffic location near major intersections with 76,000 daily vehicles.; Supports diverse uses including QSR, retail, banks, and restaurants; near many national brands.
    (850) 477-7044
    Request Owner's contact information
    1311 Executive Center Cir W Tallahassee, FL 32301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1311 Executive Center Cir W Tallahassee, FL 32301
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