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Oak Valley Shopping Center 5678 Capital Cir NW
1,200 - 3,600 SF of Retail Space Available in Tallahassee, FL 32303
Highlights
- Brand new Publix redevelopment
- Underserved population with new housing under construction nearby!
- Outparcels available for Ground Lease
- Restaurant opportunities with grease trap
- Located at a signalized intersection
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B-4 | 1,200 SF | 5-10 Years | $25.91 CAD/SF/YR $2.16 CAD/SF/MO $31,093 CAD/YR $2,591 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste C-2 | 1,200 SF | Negotiable | $25.91 CAD/SF/YR $2.16 CAD/SF/MO $31,093 CAD/YR $2,591 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste C-3 | 1,200 SF | Negotiable | $25.91 CAD/SF/YR $2.16 CAD/SF/MO $31,093 CAD/YR $2,591 CAD/MO | Triple Net (NNN) |
5678 Capital Cir NW - 1st Floor - Ste B-4
Endcap unit with grease trap and patio space available - perfect for a restaurant! Can combine with unit B3 for up to 2,400 SF of contiguous space.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Publix-Anchored Center
5678 Capital Cir NW - 1st Floor - Ste C-2
In-line unit - Phase 2 available end of 2021.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
- Recently Redeveloped
5678 Capital Cir NW - 1st Floor - Ste C-3
In-line unit - Phase 2 available end of 2021.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
- Tallahassee Market
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.
SELECT TENANTS AT Oak Valley Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Publix Super Markets
- Supermarket
- 1,914
- National
| Tenant | Description | US Locations | Reach |
| Publix Super Markets | Supermarket | 1,914 | National |
PROPERTY FACTS FOR 5678 Capital Cir NW , Tallahassee, FL 32303
About the Property
Publix redevelopment currently underway and expected to be complete March 2021! Additional 6,000 SF of retail space ready for delivery July 2021! 1,200 SF units still available including a 2,400 SF endcap with grease trap and patio opportunity. 1 Acre outparcels available for Ground Lease! Come join a brand new Publix at this heavily traveled intersection of the Oak Valley market in Northwest Tallahassee!
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signalized Intersection
Presented by
Oak Valley Shopping Center | 5678 Capital Cir NW
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