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377 Capital Cir SW

11,610 SF Industrial Building Tallahassee, FL 32304 $4,022,060 CAD ($346 CAD/SF) 6.05% Cap Rate

Warehouses Florida Tallahassee 377 Capital Cir SW, Tallahassee, FL 32304

Executive Summary

Excellent Stabilized Asset with a 7 year true NNN lease with Optimum RV who has 13 locations throughout US (lease expires April 30, 2030).

Attachments

WGCRE SALE FLYER 377 CCSW

Property Facts

Price $4,022,060 CAD Lot Size 1.61 AC
Price Per SF $346 CAD Rentable Building Area 11,610 SF
Sale Type Investment NNN No. Stories 1
Cap Rate 6.05% Year Built 1986
Property Type Industrial Tenancy Single
Property Subtype
Warehouse
  • General Retail Auto Dealership
  • Industrial Service
 No. Drive In / Grade-Level Doors 8
Building Class B Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $4,022,060 CAD
Price Per SF $346 CAD
Sale Type Investment NNN
Cap Rate 6.05%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Dealership
  • Industrial Service
Building Class B
Lot Size 1.61 AC
Rentable Building Area 11,610 SF
No. Stories 1
Year Built 1986
Tenancy Single
No. Drive In / Grade-Level Doors 8
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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377 Capital Cir SW, Tallahassee, FL - aerial map view

PROPERTY TAXES

Parcel Number 21-29-20-603-000.0 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $695,131 CAD

PROPERTY TAXES

Parcel Number
21-29-20-603-000.0
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$695,131 CAD

zoning

Zoning Code M-1 (Tenant has rezoned parcel into a PUD making that parcel and the 9.76 acres adjacent that Tenant owns contiguous for their use.)
M-1 (Tenant has rezoned parcel into a PUD making that parcel and the 9.76 acres adjacent that Tenant owns contiguous for their use.)
(850) 545-1674

Contact

  • Listing ID: 34400309

  • Date on Market: 2025-01-07

  • Last Updated:

  • Address: 377 Capital Cir SW, Tallahassee, FL 32304

The Industrial Property at 377 Capital Cir SW, Tallahassee, FL 32304 is currently available for sale. Contact The Williams Group for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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377 Capital Cir SW, Tallahassee, FL for sale Aerial- Image 1 of 2
Optimum RV Lease for Sale

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377 Capital Cir SW
(850) 545-1674 x

377 Capital Cir SW

Johanna Money

(850) 545-1674

(850) 545-1674

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