4550-4556 NW Capital Cir, Tallahassee, FL 32303
Fully equipped restaurant with a 12-foot hood and outside seating, positioned on a high-traffic corridor.
- Added:
- Jun 13, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 20 at 4:59 am
Property Features for 4550-4556 NW Capital Cir
General Information
- Standard status
- Active
- Size
- 2,646 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1977
Listing agent George Harrison License #FL BK655262
Listing office Harrison Commercial Properties
Listing date Jun 13, 2026
Source Crexi
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 Harrison Commercial Properties
HighLights
- Fully equipped neighborhood restaurant with a 12‑foot hood, fryers, and flat‑top grille
- Includes walk‑in cooler plus furniture and fixtures
- Outside area for seating or games
- Traffic count of over 17,000 VPD on Capital Circle NW
- Built in 1977
Overview
The property is located at 4550-4556 NW Capital Cir in Tallahassee, along Capital Circle NW, with a reported traffic count of over 17,000 vehicles per day. The site’s visibility to passing traffic supports footfall for a restaurant concept that benefits from consistent neighborhood demand.
For buyers or operators seeking an immediate, turn-key foodservice environment, this offering provides the core equipment package and furnishings needed for day-to-day service. The inclusion of major cooking and refrigeration equipment, along with established clientele noted in the remarks, may reduce the time and cost associated with outfitting a new location from scratch. The outdoor area further supports service flexibility for peak periods and events where an expanded guest experience is helpful.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.9k | $16.20 |
| − Vacancy | −$2.6k | −$0.97 |
| EGI | $40.3k | $15.23 |
| − OpEx | −$10.1k | −$3.81 |
| NOI | $30.2k | $11.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.3671253
- Latitude
- 30.5154346
