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Former Quick-Service Restaurant Building
For Lease
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2122 Capital Cir NE, Tallahassee, FL 32308

Former Wendy’s restaurant building for lease with frontage on Capital Circle NE and strong nearby medical demand.

Space Size4,554 SF
Days on Market72

Property Features for 2122 Capital Cir NE

General Information

Standard status Active
Size 4,554 SF
Property subtype RETAIL

Spaces For Lease

at 2122 Capital Cir NE Contact us

Restaurant - Tallahassee, FL

Size
4,554 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, 30 Days
Located in Tallahassee's northeast market, this former Wendy's fronts on Capital...
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Listing Agency: SVN | SouthLand Commercial
Listed By: Francis P. Rentz, CCIM · License #BK3318918
Source: Moodyscre
Added: Jun 3 Changed: Aug 8 Last Checked: Jun 10 at 1:55AM

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 SVN | SouthLand Commercial

Investment Insights

Based on property information with market context.

This for-lease former Wendy’s restaurant building fronts on Capital Circle Northeast. The property is positioned as a dedicated quick-service style restaurant asset within a mixed commercial and residential area.

The site benefits from direct exposure along Capital Circle Northeast, which is reported at 59,611 ADT at the property. The northeast market is supported by nearby healthcare activity, with Tallahassee’s two regional hospitals located within 2 miles. The broader area includes a mix of medical office, office, and residential uses.

For tenants seeking a restaurant format or related food service operation, this space offers an existing restaurant building configuration in a corridor with substantial daily vehicle traffic. Its proximity to the regional hospitals can also align with concepts that benefit from steady daytime and operational hours tied to healthcare. As presented, this is a strong match for users who want a ready-built restaurant property on a heavily traveled arterial, rather than starting from a non-restaurant shell.

Key Highlights

  • Former Wendy’s restaurant building available for lease
  • Frontage on Capital Circle Northeast (Capital Circle has 59,611 ADT at the property)
  • Located in Tallahassee’s northeast market

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store HVAC Service Parking Lot & Garage Storage Facility Hotel & Motel

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
$5.73 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,839
Businesses Nearby
228k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Home Improvements & Furnishings 23% Groceries 20% Shops & Services 18%
Lowe's Home Improvements & Furnishings
50,548 visits/mo 0.2 miles
Publix Groceries
45,018 visits/mo 0.2 miles
McDonald's Dining
22,315 visits/mo 0.2 miles
Panda Express Dining
12,297 visits/mo 0.1 miles
Shell Shops & Services
12,088 visits/mo 0.1 miles

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former Wendy’s restaurant building for lease with frontage on Capital Circle NE and strong nearby medical demand.
Where is this conventional restaurant located?
The property is located at 2122 Capital Cir NE Tallahassee, FL.
What is the lease rate?
The lease rate is $14,500/Mo.
What are key features of this property?
This property features: Former Wendy’s restaurant building available for lease; Frontage on Capital Circle Northeast (Capital Circle has 59,611 ADT at the property); Located in Tallahassee’s northeast market
(850) 877-6000 Call to check price and availability
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