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Wawa - Tallahassee FL 1495 Capital Cir NW

5,943 SF Retail Building Tallahassee, FL 32303 £4,694,700 (£790/SF) 4.50% Net Initial Yield

Investment Highlights

  • This is Wawa’s first location in Tallahassee
  • Just South of I-10 (59,000) and just North of Tennessee St (31,700 VPD), two major commuter thoroughfares serving Tallahassee
  • Located at the signalized, hard corner intersection of Capital Circle NW and Hartsfield Rd averaging a combined 44,800 VPD

Executive Summary

Brand New Construction | First Wawa Location in Tallahassee | Directly Off I-10 (59,000 VPD)

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,943 SF
Building Class
B
Year Built
2024
Price
£4,694,700
Price Per SF
£790
Net Initial Yield
4.50%
NOI
£211,262
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
2.39 AC

Nearby Major Retailers

Capital City Bank
Steak ‘n Shake
Waffle House
Applebee's
United Rentals

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-20-20-628-000.0
Land Assessment
£646,222
Improvements Assessment
£0
Total Assessment
£646,222
  • Listing ID: 33771629

  • Date on Market: 06/11/2024

  • Last Updated:

  • Address: 1495 Capital Cir NW, Tallahassee, FL 32303

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