Retail Storefront with Back
For Sale
Contact for pricing
800 Capital Cir SE Suite #1, Tallahassee, FL 32301
Open retail space includes back storage, two restrooms, and front-door parking with prominent roadside signage.
Property Size7,560 SF
Days on Market117
Property Features for 800 Capital Cir SE Suite #1
General Information
Standard status
Active
Size
7,560 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
7,560 SF
Year Built
2016
Properties For Sale
at 800 Capital Cir SE Suite #1
800 Capital Circle SE
Size
3,400 SF
Type
Strip Center
Term
Negotiable
Listing Agency:
NAI TALCOR
Listed By:
Jim Taube, CCIM · License #672081
(850) 545-5649
Source:
Naiglobal
Added: Jun 29
Changed: Oct 8
Last Checked: Oct 23 at 5:32AM
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 NAI TALCOR
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Investment Insights
Based on property information with market context.
This for-sale retail storefront features a large open sales area with additional storage space toward the rear. The suite is supported by two rest rooms, providing convenient access for day-to-day operations.
Located at 800 Capital Cir SE in Tallahassee, FL, the unit offers visibility with signage on Capital Circle. Parking is available at the front of the building for straightforward customer and staff access.
Located at 800 Capital Cir SE in Tallahassee, FL, the unit offers visibility with signage on Capital Circle. Parking is available at the front of the building for straightforward customer and staff access.
Key Highlights
- Built in 2016
- Open retail space with storage area in the back
- Includes two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,427
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,468,540
$1.5M
Cap Rate 7%
$1,048,957
$1.0M
Cap Rate 9%
$815,856
$815.9K
Market Conditions
NOI Build-Up for 7,560 SF
Gross rent
$113.4K $15.00/SF
− Vacancy
−$8.5K −$1.13/SF
EGI
$104.9K $13.88/SF
− OpEx
−$31.5K −$4.16/SF
NOI
$73.4K $9.71/SF
Area
Tallahassee, FL
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,468,540
Cap Rate 7%
$1,048,957
Cap Rate 9%
$815,856
Alternative Uses
Best Use
Retail
$1.05M
$917.8K – $1.22M
NOI $73,427 @ 7.0% cap · market cap 407,927.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,737 @ 7.0% cap · market cap 720,761.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
176k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 51%
Shops & Services 31%
Dining 14%
Home Improvements & Furnishings 4%
Sam's Club
Superstores
90,196 visits/mo
0.3 miles
Circle K
Shops & Services
19,246 visits/mo
0.4 miles
Dollar Tree
Shops & Services
18,507 visits/mo
0.4 miles
Sonny's BBQ
Dining
18,503 visits/mo
0.4 miles
Dollar General
Shops & Services
10,083 visits/mo
0.3 miles
Demographics for 32301, FL
29,686
Population
17,029
Households
1.7
Avg Household Size
32
Median Age
45%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
2,910
Density / Sq Mi
$50,412
Median Household Income
$34,271
Median Earnings
$1,200
Median Rent
$211,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Open retail space includes back storage, two restrooms, and front-door parking with prominent roadside signage.
Where is this retail space located?
The property is located at 800 Capital Cir SE Suite #1 Tallahassee, FL.
What are key features of this property?
This property features: Built in 2016; Open retail space with storage area in the back; Includes two restrooms
