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502 Capital Circle Southeast Suite C & D1 502 Capital Cir SE 9,040 SF 100% Leased Office Building Tallahassee, FL 32301 $1,116,736 CAD ($123.53 CAD/SF) 4.88% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 9,040 SF Building
  • Zoned CP - Commercial Parkway
  • 57.96% Occupancy
  • 3 Units
  • Located in the Tallahassee Area
  • Priced at Fraction of Replacement Cost

EXECUTIVE SUMMARY

Introducing an exceptional investment opportunity in Tallahassee, FL: 502 Capital Circle Southeast. This versatile property features a 9,040 SF building divided into 3 units, with immediate access to one of Tallahassee's main thoroughfares; Capital Circle. Currently 57.96% occupied, this presents a value-add opportunity for an owner-user or investor looking to capitalize on an asset at a priced at a fraction of replacement cost.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
9,040 SF
Building Class
B
Year Built
1992
Price
$1,116,736 CAD
Price Per SF
$123.53 CAD
Cap Rate
4.88%
NOI
$54,490 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,040 SF
Building FAR
0.75
Lot Size
0.28 AC
Zoning
CP - Commercial Parkway
Parking
53 Spaces (5.86 Spaces per 1,000 SF Leased)

AMENITIES

  • Drop Ceiling
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

With locations nationwide, Hawx Pest Control is proud to provide top-of-the-line pest control to their customers. Offering both home pest control and commercial pest control services, they placed their core values right in their name so that they will never forget what drives them. Since their founding in 2013, they have been able to grow their business across multiple states, which not only shows their success, but also their commitment to what they do. They know their customers have many choices in pest control companies, but they also know that they won’t be disappointed when they choose Hawx Pest Control.

  • Public Administration
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

The U.S. Fish and Wildlife Service is the premier government agency dedicated to the conservation, protection, and enhancement of fish, wildlife and plants, and their habitats. They are the only agency in the federal government whose primary responsibility is the conservation and management of these important natural resources for the American public. The Service's origins date back to 1871 when Congress established the U.S. Fish Commission to study the decrease in the nation’s food fishes and recommend ways to reverse that decline. Today, they are a diverse and largely decentralized organization, employing thousands of dedicated professionals working out of facilities across the country, including a headquarters office in Falls Church, Virginia, and several regional offices representing the Unified Interior Regions.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Services - $9.99 Lorem Ipsum Jan 0000
Public Administration - $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-33-20-410-006.0
Land Assessment
$160,060 CAD
Improvements Assessment
$273,805 CAD
Total Assessment
$433,864 CAD
  • Listing ID: 36683294

  • Date on Market: 2025-07-10

  • Last Updated:

  • Address: 502 Capital Cir SE, Tallahassee, FL 32301

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