1704 - 1706 Capital Circle NE

Highlights:

• 18,000 SF retail building
• 8 units for versatile leasing options
• Constructed in 1988, renovated in 2019
• CP (Commercial Parkway) zoning for flexible commercial use
• Prime location in Tallahassee, FL
• Impressive 100% occupancy rate
• NOI: $351,556.00
• CAP: 5.62

Description:

Introducing a prime investment opportunity in Tallahassee, FL: a meticulously maintained 18,000 SF building featuring 8 units, ideally suited for retail or street retail businesses. Boasting a 100% occupancy rate, this property offers a solid foundation for an investor seeking a turnkey asset. The building was fully renovated in 2019, complies with the CP (Commercial Parkway) zoning, providing flexibility for various commercial uses. With its strategic location and strong historical performance, this property presents an attractive prospect for retail and street retail investors looking to capitalize on the thriving Tallahassee market.

Discover the vibrant location of 1704 - 1706 Capital Circle NE in Tallahassee, FL. Situated in a bustling area, the property benefits from high visibility and convenient access. The surrounding community offers a dynamic mix of retail and dining options, attracting a steady flow of foot traffic. Nearby, residents and visitors enjoy popular destinations such as Lake Ella Park, offering a serene escape from city life, and Governor's Square Mall, a premier shopping destination. With its prime positioning in this bustling locale, the property presents an exciting opportunity for retail and street retail investors or tenants seeking to establish a strong presence in the heart of Tallahassee.

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