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Warehouse/Office Space on Capital Circle
For Lease
$11 SF/Yr

1615-A Capital Circle Northeast, Tallahassee, FL 32308

Warehouse/office space for lease with excellent frontage on Capital Circle.

Space SizeContact for details
Days on Market160

Property Features for 1615-A Capital Circle Northeast

General Information

Standard status Active
Property subtype Industrial
Listing Agency:
Listed By: Peter Gonzalez, Jr.
Source: Naiglobal
Added: Mar 6 Changed: Jul 10 Last Checked: Aug 13 at 3:44AM

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 Peter Gonzalez, Jr.

Investment Insights

Based on property information with market context.

This warehouse/office space is located on the east side of town, situated on Capital Circle NE, in close proximity to the Mahan Dr (Hwy 90) intersection and a couple of I-10 exits. The location offers easy accessibility and excellent frontage. The daily traffic count is approximately 54,000 vehicles. The property features dock-high roll-up doors and an office area in excellent condition. This property presents a rare leasing opportunity.

Key Highlights

  • High Traffic Location: Situated on Capital Circle NE with approximately 54,000 vehicles per day.
  • Convenient Accessibility: Located near I‑10 exits and easily accessible.
  • Excellent Frontage: Property boasts excellent frontage on Capital Circle NE.

Property Analytics

Current Use

ServiceMaster Professional Services Hardware & Home Improvement

Suggested Use

Top Pick Building Supply HVAC Service Hair Salon Big Box & Wholesale Store Grocery & Convenience Store Nail Salon

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

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,862
Businesses Nearby
Well-served
Demand for This Use

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

Market

Lease Benchmarks for Tallahassee, FL

$9.65 /SF/Yr
Avg Asking Price
$8–$11 /SF/Yr
Price Range
9,047 SF
Avg Space Size

This space is priced 14% above the average of $9.65 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Moe's Southwest Grill 3122 Mahan Dr Suite 1101, Tallahassee, FL 32308

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse/office space for lease with excellent frontage on Capital Circle.
Where is this flex space located?
The property is located at 1615-A Capital Circle Northeast Tallahassee, FL.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: High Traffic Location: Situated on Capital Circle NE with approximately 54,000 vehicles per day.; Convenient Accessibility: Located near I‑10 exits and easily accessible.; Excellent Frontage: Property boasts excellent frontage on Capital Circle NE.
More about this property
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