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2234 Capital Cir NE 1,694 SF of Retail Space Available in Tallahassee, FL 32308
HIGHLIGHTS
- Prime frontage on Capital Circle NE
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,694 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Premier Commercial Group is pleased to present a rare ground lease opportunity on one of Tallahassee’s most highly traveled corridors. Located at 2234 Capital Circle NE. An ideal setup for retail, food service, or specialty use. Positioned along Capital Circle NE with excellent visibility and access, this site offers high daily traffic counts and strong area demographics. Ownership is open to ground lease options at this time for $108,000 NNN, providing flexibility for a variety of tenant concepts. Build to suit options available or lease current 1694 sf building.
- Prime frontage on Capital Circle
- High visibility and strong traffic counts
- Ground lease available
- Flexible use options – ideal for retail, quick ser
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 broker 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.
PROPERTY FACTS
| Total Space Available | 1,694 SF | Gross Leasable Area | 1,694 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Storefront | Parking Ratio | 23.61/1,000 SF |
| Total Space Available | 1,694 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,694 SF |
| Year Built | 2000 |
| Parking Ratio | 23.61/1,000 SF |
ABOUT THE PROPERTY
This is a rare ground lease opportunity on one of Tallahassee’s most highly traveled corridors. Located at 2234 Capital Circle NE. An ideal setup for retail, food service, or specialty use. Positioned along Capital Circle NE with excellent visibility and access, this site offers high daily traffic counts and strong area demographics. Ownership is open to ground lease options at this time, providing flexibility for a variety of tenant concepts. Build to suit options available or utilize the existing 1694 sf retail builidng.
- Dedicated Turn Lane
- Pylon Sign
NEARBY MAJOR RETAILERS
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2234 Capital Cir NE
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