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Capital Hill Plaza 2314 NE Capital Circle

1,200 - 4,126 SF of Retail Space Available in Tallahassee, FL 32308

Highlights

  • 60,000 cars per day
  • Multiple national brands committed
  • Large growth (over 15,000 residential units entitled within 2 miles)
  • Minutes away from and I-10 Interchange and the Canopy Community

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 1,200-4,126 SF
  • 5-15 Years
  • £53.26 /SF/PA £4.44 /SF/MO £573.33 /m²/PA £47.78 /m²/MO £219,769 /PA £18,314 /MO
  • Triple Net
2314 NE Capital Cir - 1st Floor
Space Use
Retail
Condition
Shell Space
Availability
01/06/2025

Premier Commercial Group is proud to present the last building available for lease at Capital Hill Plaza in Tallahassee, Florida! Building #4 is a 1,200 - 4,100 +/- sf free standing building for restaurant or retail lease. Building is a shell space with end cap, drive thru available (min. size of 1,200 sf) for $68/sf/yr NNN with 50$ PSF Landlord provided Tenant improvement Allowance baked into ask price

  • Lease rate does not include utilities, property expenses or building services
  • Central Air Conditioning
  • Drive Thru
Space Size Term Rent Service Type
1st Floor 1,200-4,126 SF 5-15 Years £53.26 /SF/PA £4.44 /SF/MO £573.33 /m²/PA £47.78 /m²/MO £219,769 /PA £18,314 /MO Triple Net

2314 NE Capital Cir - 1st Floor

Size
1,200-4,126 SF
Term
5-15 Years
Rent
£53.26 /SF/PA £4.44 /SF/MO £573.33 /m²/PA £47.78 /m²/MO £219,769 /PA £18,314 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Shell Space
Availability
01/06/2025

Premier Commercial Group is proud to present the last building available for lease at Capital Hill Plaza in Tallahassee, Florida! Building #4 is a 1,200 - 4,100 +/- sf free standing building for restaurant or retail lease. Building is a shell space with end cap, drive thru available (min. size of 1,200 sf) for $68/sf/yr NNN with 50$ PSF Landlord provided Tenant improvement Allowance baked into ask price

  • Lease rate does not include utilities, property expenses or building services
  • Central Air Conditioning
  • Drive Thru

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT Capital Hill Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • Avis Car Rentals
  • -
  • -
  • -
  • Dunkin Donuts
  • Accommodation and Food Services
  • -
  • -
  • H Tea O
  • Drinks/Juices
  • 136
  • National
  • Lavish Nail Spa
  • Retailer
  • 1
  • -
  • Smoothie King
  • Accommodation and Food Services
  • -
  • -
Tenant Description US Locations Reach
Avis Car Rentals - - -
Dunkin Donuts Accommodation and Food Services - -
H Tea O Drinks/Juices 136 National
Lavish Nail Spa Retailer 1 -
Smoothie King Accommodation and Food Services - -

PROPERTY FACTS FOR 2314 NE Capital Circle , Tallahassee, FL 32308

Min. Divisible 1,200 SF
Centre Type Neighborhood Center
Stores 7
Centre Properties 6
Frontage 400 ft on Capital Circle NE
Gross Leasable Area 9,280 SF
Total Land Area 24.00 AC
Year Built 2021

About the Property

Capital Hill Plaza is a vibrant and thriving ecosystem, boasting renowned national brands such as Dunkin Donuts, Smoothie King, Avis/Budget Car Rental, HTEAO, and more. As we unveil Building 4, our mission is clear: to deliver a retail center that not only caters to the 60,000+ vehicles per day on Capital Circle NE but also sets a new standard for success in the North Florida Retail market. We extend a warm invitation to your esteemed brand to join this prestigious space, strategically designed for optimal performance and fortified by the presence of industry-leading brands. Positioned in the heart of Tallahassee, the capital of Florida, this location offers unparalleled resources, robust incomes, and a plethora of opportunities for businesses looking to expand or establish their inaugural site. With a profound understanding of real estate dynamics, construction development intricacies, and business acumen, we are poised to guide your brand towards unparalleled success in this dynamic and flourishing market. Let us collaborate to elevate your brand's presence and profitability in this prime retail destination.

  • Drive Thru

Nearby Major Retailers

Regions Bank
Ameris Bank
Hancock Whitney Bank
Publix
United Rentals
Ruby Tuesday
Glory Days Grill
Synovus Bank
Carrabba's Italian Grill
Texas Roadhouse
  • Listing ID: 22108202

  • Date on Market: 24/10/2024

  • Last Updated:

  • Address: 2314 NE Capital Circle, Tallahassee, FL 32308

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