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Retail Development Pads for Lease
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2320 Capital Cir NE, Tallahassee, FL 32308

Three development pads are available at Capital Hill Plaza, including build-to-suit and ground lease options.

Space Size4,126 SF
Days on Market520

Property Features for 2320 Capital Cir NE

General Information

Standard status Active
Size 4,126 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Traffic Count 60,000 vehicles/day

Spaces For Lease

at 2320 Capital Cir NE Contact us

2320 Capital Cir NE $40 – $60/SF/Yr

Floor
1
Size
4,126 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Completion
Sublease
No
- 60,000 cars per day - Large growth (over 15,000 residential units entitled within...
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Listing Agency: Premier Commercial Group, LLC
Listed By: Sean Feheley
Source: Moodyscre
Added: Apr 4, 2025 Changed: Sep 3 Last Checked: Sep 4 at 4:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Group, LLC

Investment Insights

Based on property information with market context.

Capital Hill Plaza in Tallahassee, FL is expanding with three premium development pads now available for lease. The offering includes build-to-suit and ground lease opportunities designed for new retail development within the existing center. Pad 5A is a build-to-suit site offering up to 3,200 SF for $150,000 NNN. Pad 5B is available as a ground lease for up to 5,600 SF at $100,000 NNN. Pad 5C is a build-to-suit pad offering up to 4,500 SF for $110,000 NNN.

The pads are located along Capital Circle NE, with the property reporting over 60,000 vehicles per day. Capital Hill Plaza is anchored by national and regional tenants including Dunkin’ Donuts, Smoothie King, Avis/Budget Car Rental, Cube Smart, and Smile Doctors Orthodontics, supporting a well-established retail environment.

Each pad is positioned within the plaza to support visibility and access as part of the ongoing tenant mix and center growth.

Key Highlights

  • Three development pads available at Capital Hill Plaza, offering both build‑to‑suit and ground lease opportunities
  • Pad 5A: build‑to‑suit up to 3,200 SF at $150,000 NNN
  • Pad 5B: ground lease up to 5,600 SF at $100,000 NNN

Property Analytics

Current Use

Avis Car Rental Car Rental Facility HTeaO - Tallahassee (Bike/Boat/Book/etc) Store Avisbudgetcarrental Car Rental Facility Budget Car Rental Car Rental Facility Dunkin' Cafe & Coffee Shop

Suggested Use

Top Pick Restaurant HVAC Service Building Supply Parking Lot & Garage Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

60,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,808
Businesses Nearby

Demographics for 32308, FL

23,355
Population
11,838
Households
2
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
1,478
Density / Sq Mi
$73,125
Median Household Income
$46,786
Median Earnings
$1,327
Median Rent
$291,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Three development pads are available at Capital Hill Plaza, including build-to-suit and ground lease options.
Where is this commercial land located?
The property is located at 2320 Capital Cir NE Tallahassee, FL.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Three development pads available at Capital Hill Plaza, offering both build‑to‑suit and ground lease opportunities; Pad 5A: build‑to‑suit up to 3,200 SF at $150,000 NNN; Pad 5B: ground lease up to 5,600 SF at $100,000 NNN
(305) 609-8698 Call to check price and availability
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