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2370-2380 Capital Cir NE
1,500 - 9,240 SF of Retail Space Available in Tallahassee, FL 32308
Highlights
- National Credit Tenants - Competitive rates and tenant improvement allowance
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,500-9,240 SF | 10’ | Negotiable | $19.85 /SF/YR $1.65 /SF/MO $183,414 /YR $15,285 /MO | Triple Net (NNN) |
2370-2380 Capital Cir NE - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Corner Space
- High Ceilings
- Drop Ceilings
- Finished Ceilings: 10’
- End-cap retail storefront opportunity.
- Prominent and pylon signage opportunity.
- High visibility: passed by 53,700 daily drivers.
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 FOR 2370-2380 Capital Cir NE , Tallahassee, FL 32308
| Min. Divisible | 1,500 SF | Frontage | 141’ on Capital Circle N.E. |
| Center Type | Strip Center | Gross Leasable Area | 9,240 SF |
| Parking | 35 Spaces | Total Land Area | 1.08 AC |
| Stores | 6 | Year Built | 1985 |
| Center Properties | 1 |
| Min. Divisible | 1,500 SF |
| Center Type | Strip Center |
| Parking | 35 Spaces |
| Stores | 6 |
| Center Properties | 1 |
| Frontage | 141’ on Capital Circle N.E. |
| Gross Leasable Area | 9,240 SF |
| Total Land Area | 1.08 AC |
| Year Built | 1985 |
About the Property
A highly visible property located in the affluent northeast quadrant of Leon County, Florida. Situated just one and one-quarter miles south of Interstate 10 and four miles northeast of downtown. The Center offers incredible visibility on one of the best retail corridors in Tallahassee, consisting of six street-front retail, showroom, and warehouse units, 1,500 +/- SF each, and 141 feet of prime frontage location, facing the six-lane Capital Circle N.E. with over 57,000 daily traffic. Located between large national and regional tenants, including Lowe's, Home Depot, and Publix. The entire building can be used for a wide variety of single credit tenants and businesses with 1.08 flat acres, all utilities, storm water drainage, and grade-level roll-up doors at the rear of the property for easy deliveries and ample parking. Property is adjacent to a retail development plaza, near a 600-acre residential community and HCA Florida Capital Hospital. Pylon Sign.
- Bus Line
- Pylon Sign
- Air Conditioning
Nearby Major Retailers
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2370-2380 Capital Cir NE
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