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Building 5 2320 Capital Cir NE 6,300 SF of 4-Star Retail Space Available in Tallahassee, FL 32308
HIGHLIGHTS
- ±9,240 SF new construction retail strip: Surrounded by established national brands and strong daytime traffic drivers
- Endcap(s) with drive-thru capability available
- Direct frontage along Capital Circle NE (over 45,000 VPD)
- Divisible multi-tenant building (suites from 1,200–3,000 SF)
- Located in Capitol Hill Plaza: a 7-building development with national/regional tenants in place
- Minutes from I-10 and the master-planned Canopy Community
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,300 SF | Negotiable | $68.40 CAD/SF/YR $5.70 CAD/SF/MO $430,921 CAD/YR $35,910 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
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.
SITE PLAN
SELECT TENANTS AT BUILDING 5
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Avis Car Rental
- Retailer
- -
- -
- Dunkin’ Donuts
- Retailer
- -
- -
- Hazel Sky (regional)
- Retailer
- -
- -
- HTeaO
- Retailer
- -
- -
- Lavish Nails (regional)
- Retailer
- -
- -
- Smoothie King (National)
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Avis Car Rental | Retailer | - | - |
| Dunkin’ Donuts | Retailer | - | - |
| Hazel Sky (regional) | Retailer | - | - |
| HTeaO | Retailer | - | - |
| Lavish Nails (regional) | Retailer | - | - |
| Smoothie King (National) | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 6,300 SF | Year Built | 2026 |
| Property Type | Retail | Construction Status | Under Construction |
| Gross Leasable Area | 9,240 SF |
| Total Space Available | 6,300 SF |
| Property Type | Retail |
| Gross Leasable Area | 9,240 SF |
| Year Built | 2026 |
| Construction Status | Under Construction |
ABOUT THE PROPERTY
Capitol Hill Plaza – Building 5 2320 Capital Circle NE, Tallahassee, FL 32308 Premier Commercial Group presents Building 5, a new multi-tenant retail strip totaling ±9,240 SF. This development is part of the master-planned Capitol Hill Plaza, positioned directly on Capital Circle NE with 400+ feet of frontage and minutes from I-10 and the Canopy Community. The building is designed to accommodate multiple tenants with flexible suite sizes, modern storefronts, and the option for drive-thru endcap(s). Neighboring brands already within Capitol Hill Plaza include Dunkin’ Donuts, Avis Car Rental, HTeaO, CubeSmart, Smoothie King, Hazel Sky, and Lavish Nails, creating a diverse and synergistic tenant mix .
NEARBY MAJOR RETAILERS
Presented by
Building 5 | 2320 Capital Cir NE
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