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32881861
32881862

2320 Capital Circle Northeast, Tallahassee, FL 32308

TW
FL FL 658092
Premier Commercial Group
LS
FL SL3604499
Premier Commercial Group
Listed by Premier Commercial Group
$21,600,000
35 days on market
Updated 1 day ago

Cube Smart

Details
Property Type Self Storage
Square Footage 121,000
Cap Rate 6.25%
Occupancy 85%
Tenancy Single
Lease Type NNN
Price per SqFt $179
Class A
Year Built 2026
Buildings 1
Stories 4
Parking Spaces spaces
Investment Type Net Lease
Sale Condition For sale by owner

Cube Smart | 121,000 sf | 6.25%

Marketing description

Premier self-storage investment opportunity located within Capital Hill Plaza at 2320 Capital Circle NE in Tallahassee, Florida. This four-story, ±121,000 SF facility features 960 climate-controlled storage units and is fully managed by CubeSmart, one of the nation’s leading self-storage operators. Offered at $21,600,000, the property is one of eight buildings within the established Capital Hill Plaza, a well trafficked commercial center along Capital Circle NE. The plaza is home to a strong mix of national and regional tenants including Avis Car Rental, Dunkin’, Smoothie King, Lavish Nails, Smile Doctors, and other service-oriented retailers that drive consistent consumer traffic to the center.

Strategically positioned within one of Tallahassee’s primary commercial corridors, directly across from Publix and Lowe's, the property benefits from strong visibility, easy accessibility, and a growing surrounding population base. This offering presents investors with the opportunity to acquire a stabilized self-storage asset operated by a nationally recognized brand within a thriving retail environment.

Investment highlights

  • Certificate of Occupancy (CO) – Expected CO date is the first week of June 2026
  • 960 climate-controlled storage units
  • Co-tenants include Avis Car Rental, Dunkin’, Smoothie King, Lavish Nails, and Smile Doctors
  • Positioned along Capital Circle NE, a major Tallahassee commercial corridor

Listing Contacts

TW
FL FL 658092
Premier Commercial Group
LS
FL SL3604499
Premier Commercial Group
Listed by Premier Commercial Group

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Additional Information

Name
Tracy Waters
License
FL 658092
Brokerage
Premier Commercial Group, LLC
Title
Broker
Name
Logan Short
License
SL3604499
Brokerage
Premier Commercial Group
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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