1704 - 1706 Capital Circle NE

1704 - 1706 Capital Circle NE, Tallahassee, FL 32308

Property Information

  • For Sale $6,250,000
  • Property Type Retail - Street Retail
  • Property Size 18,000 SF
  • Units 8
  • Lot Size 1.42 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1988
  • Year Renovated 2019
  • Date Updated Sep 4, 2026

Description

Discover the vibrant location of 1704 - 1706 Capital Circle NE in Tallahassee, FL. Situated in a bustling area, the property benefits from high visibility and convenient access. The surrounding community offers a dynamic mix of retail and dining options, attracting a steady flow of foot traffic. Nearby, residents and visitors enjoy popular destinations such as Lake Ella Park, offering a serene escape from city life, and Governor's Square Mall, a premier shopping destination. With its prime positioning in this bustling locale, the property presents an exciting opportunity for retail and street retail investors or tenants seeking to establish a strong presence in the heart of Tallahassee.Introducing a prime investment opportunity in Tallahassee, FL: a meticulously maintained 18,000 SF building featuring 8 units, ideally suited for retail or street retail businesses. Boasting a 100% occupancy rate, this property offers a solid foundation for an investor seeking a turnkey asset. The building was fully renovated in 2019, complies with the CP (Commercial Parkway) zoning, providing flexibility for various commercial uses. With its strategic location and strong historical performance, this property presents an attractive prospect for retail and street retail investors looking to capitalize on the thriving Tallahassee market.Introducing a prime leasing opportunity at 1704-1706 Capital Circle NE, Tallahassee, FL 32308. This property features a spacious 18,000 SF building comprising 8 adaptable units, ideal for a range of retail or street retail ventures. Originally built in 1988 and thoughtfully renovated in 2019, this property offers modern amenities within a well-established environment. Zoned as CP (Commercial Parkway), the space provides a multitude of options for potential lessees. With an impressive 90% occupancy rate, this location fosters the potential for thriving commerce. Don't miss the chance to establish your retail presence in this thriving Tallahassee area. For comprehensive details, please see the attached flyer.

Highlights

  • 18,000 SF retail building
  • 8 units for versatile leasing options
  • CAP: 5.62
  • Constructed in 1988, renovated in 2019
  • CP (Commercial Parkway) zoning for flexible commercial use
  • Impressive 100% occupancy rate
  • NOI: $351,556.00
  • Prime location in Tallahassee, FL

Contacts

Location

Located at 1704 - 1706 Capital Circle NE, Tallahassee, FL 32308, this property is part of the Greater Brandt Hills neighborhood and Tallahassee market.

Contact Listing Broker
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