Single-Tenant NNN Retail
For Sale
Contact for pricing
2320 Capital Circle NE Bldg 3, Tallahassee, FL 32308
Brand-new freestanding retail investment leased to Swig Soda Company under a triple-net structure.
Property Size1,890 SF
Price / SF$962
Days on Market57
Property Features for 2320 Capital Circle NE Bldg 3
General Information
Standard status
Active
Size
1,890 SF
Class
A
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$100,000
Additional Details
Asking Price
$1,818,181
Building Details
Year Built
2024
Year Renovated
2026
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Premier Commercial Group
(850) 566-3782
Listed By:
Logan Short · License #SL3604499
Source:
Crexi
Added: Jul 6
Changed: Aug 30
Last Checked: Aug 30 at 6:57PM
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
Investment Insights
Based on property information with market context.
Building 3 at Capital Hill Plaza is a 1,890-square-foot single-tenant retail property completed in 2024. The building is leased to Swig Soda Company, a national beverage brand, under a triple-net arrangement, with rent scheduled to commence October 1, 2026.
The property is located at 2320 Capital Circle NE in Tallahassee, within a multi-building commercial center. Capital Circle NE carries traffic counts exceeding 60,000 vehicles per day, and the site is minutes from the I-10 interchange and the Canopy master-planned community. The offering reflects a 5.5% going-in cap rate.
The property is located at 2320 Capital Circle NE in Tallahassee, within a multi-building commercial center. Capital Circle NE carries traffic counts exceeding 60,000 vehicles per day, and the site is minutes from the I-10 interchange and the Canopy master-planned community. The offering reflects a 5.5% going-in cap rate.
Key Highlights
- 1,890‑square‑foot retail building completed in 2024
- Single‑tenant NNN structure leased to Swig Soda Company
- Rent commencement scheduled for October 1, 2026
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,808
Businesses Nearby
223k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Home Improvements & Furnishings 23%
Groceries 20%
Shops & Services 19%
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
0.4 miles
Panda Express
Dining
12,297 visits/mo
0.1 miles
Shell
Shops & Services
12,088 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Brand-new freestanding retail investment leased to Swig Soda Company under a triple-net structure.
Where is this nnn property located?
The property is located at 2320 Capital Circle NE Bldg 3 Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,818,181.
What are key features of this property?
This property features: 1,890‑square‑foot retail building completed in 2024; Single‑tenant NNN structure leased to Swig Soda Company; Rent commencement scheduled for October 1, 2026
