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4723 Capital Cir NWTallahassee, FL 32303
Capital Circle Commerce Park
Asset ClassIndustrial
Occupancy: 99%Square Feet: 181,105Land: 33.01 AcresAccess Data Room
6 Buildings | 181,105 Total SF | 33.01 Acres Including IOS Storage
overview of deal

Overview

Colliers, as exclusive advisor, is pleased to introduce the Capital Circle Commerce Park in Tallahassee, Florida. Located just northwest of Tallahassee’s “Capital Circle,” the Property provides excellent connectivity to the Tallahassee metro through the region’s infrastructure including US Highway 27, Interstate 10, and US Highway 90, as well as the Tallahassee International Airport.

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Investment Highlights

Commercial Industrial Park

The offering consists of six (6) buildings, totaling 181,105 square feet situated on 33.01 acres. The park is currently 99% occupied with a unexpired WALT of 3.66.

 

Industrial Outdoor Storage

The 33.01 acre property has a 0.13 FAR, providing ample space for truck parking (49 spaces), inventory, materials, and equipment storage.

 

Strong Nationally Recognized Tenants

The park features nationally recognized tenants such as American Tire Distributors, Penske, DaVita, Custom Truck and more.

 

Accessible Location

Ideally situated in proximity to major thoroughfare U.S. Highway 26, the Property leverages excellent connectivity to the metro via Interstate 10 located 2.7 miles away and less than 10 miles from the Tallahassee International Airport.

 

Thriving Economy

Tallahassee is widely recognized as both the State Capital of Florida and a college town. With a student population exceeding 70,000, Tallahassee is home to Florida State University, Florida A&M University, and Tallahassee Community College.

 

Income Tax-Free State

Florida is a state that does not impose a personal income tax.

Building Information

Building 1
Building 2
Building 3
Building 4
Building 5
Building 6
Address
4765 Capital Cir NW
4755 Capital Cir NW
4745 Capital Cir NW
4731 Capital Cir NW
4729 Capital Cir NW
4723 Capital Cir NW
Building Size (SF)
14,400
73,989
3,600
7,076
7,040
75,000
Year Built
2007
1997
1985
1985
2005
2005
Roof Age
Original
Original (Office - 2019 TPO)
Original
Original
Original
Original
Clear Height
28'
32'
20'
28'
27'
34'
Construction
Steel
Steel
Steel
Steel
Steel
Steel
Dock High Doors
-
-
-
-
-
7
Drive-In Doors
6
23
3
4
6
2
Truck Court
N/A
N/A
N/A
N/A
N/A
160'
4723 Capital Cir NWTallahassee, FL 32303
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Listing provided by Revere CRE