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2316 NE Capital Cir - Cube Smart 120,000 SF Specialty Building Offered at $29,387,016 CAD in Tallahassee, FL 32308
Investment Highlights
- Fully leased four-story facility containing 960 climate-controlled storage units.
- High-traffic location along Capital Circle NE with over 59,600 vehicles per day.
- Upcoming infrastructure improvements, including the new I-10 interchange, bolster regional connectivity and demand.
- Situated within Capital Hill Plaza with co-tenancy including Avis, Smoothie King, Lavish Nails, and Smile Doctors.
- Positioned near major residential developments such as Canopy, projecting more than 20,000 future homes.
- Surrounded by national and regional retail and service-oriented businesses driving consistent consumer traffic.
Executive Summary
Premier self-storage investment opportunity located within Capital Hill Plaza at 2320 Capital Circle NE in Tallahassee, Florida. This four-story, ±121,000 SF facility features 960 climate-controlled storage units and is fully leased to CubeSmart, one of the nation’s leading self-storage operators. Offered at $21,600,000, the property is one of eight buildings within the established Capital Hill Plaza, a well-trafficked commercial center along Capital Circle NE. The plaza is home to a strong mix of national and regional tenants including Avis Car Rental, Dunkin’, Smoothie King, Lavish Nails, Smile Doctors, and other service-oriented retailers that drive consistent consumer traffic to the center.
Strategically positioned within one of Tallahassee’s primary commercial corridors, directly across from Publix and Lowe's, the property benefits from strong visibility, easy accessibility, and a growing surrounding population base. This offering presents investors with the opportunity to acquire a stabilized self-storage asset operated by a nationally recognized brand within a thriving retail environment.
Strategically positioned within one of Tallahassee’s primary commercial corridors, directly across from Publix and Lowe's, the property benefits from strong visibility, easy accessibility, and a growing surrounding population base. This offering presents investors with the opportunity to acquire a stabilized self-storage asset operated by a nationally recognized brand within a thriving retail environment.
Property Facts
| Price | $29,387,016 CAD | Lot Size | 0.71 AC |
| Price Per SF | $244.89 CAD | Construction Status | Under Construction |
| Sale Type | Investment | Building Size | 120,000 SF |
| Property Type | Specialty | No. Stories | 4 |
| Property Subtype | Self-Storage | Year Built | 2026 |
| Building Class | B | ||
| Zoning | PD - Planned Development | ||
| Price | $29,387,016 CAD |
| Price Per SF | $244.89 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 0.71 AC |
| Construction Status | Under Construction |
| Building Size | 120,000 SF |
| No. Stories | 4 |
| Year Built | 2026 |
| Zoning | PD - Planned Development |
Amenities
- Controlled Access
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 11-16-50-000-007.0 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,360,248 CAD | Total Assessment | $1,360,248 CAD |
Property Taxes
Parcel Number
11-16-50-000-007.0
Land Assessment
$1,360,248 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,360,248 CAD
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2316 NE Capital Cir - Cube Smart
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