Swig at Capital Hill Plaza
Retail | 5.50% CAP | 1,890 SqFt
Marketing description
Premier Commercial Group is pleased to offer a brand-new single-tenant NNN retail investment at Building 3 of Capital Hill Plaza — leased to Swig Soda Company, a national beverage brand rapidly expanding across the country. This will be Swig's first location in North Florida, marking the brand's entry into a growing market with proven national-brand demand. Rent commences October 1, 2026 at $100,000 annually on a triple-net (NNN) structure, delivering hands-off ownership from day one. The site sits inside Capital Hill Plaza — a multi-building national-brand center on Capital Circle NE with traffic counts exceeding 60,000 vehicles per day, minutes from the I-10 interchange and the new Canopy master-planned community. Priced at $1,818,181 for a 5.5% going-in cap rate, this offering pairs a first-in-market national tenant with one of Tallahassee's most active retail corridors.
Investment highlights
- Swig Soda Company is a growing national beverage brand — this is Swig's first location in North Florida, marking their market entry.
- Priced at $1,818,181 for a 5.5% going-in cap on $100,000 of in-place NNN rent — clean going-in economics with rent commencing Oct 2026.
- Triple-net lease structure with tenant responsibility for taxes, insurance, and maintenance — a true passive-income asset.
- Capital Hill Plaza is a multi-building national-brand center — Bldgs 4, 5, 6 plus standalone CubeSmart and Ace Hardware pads, with shared traffic and parking across the property.
- Direct exposure to Tallahassee's dominant northeast retail corridor — 60,000 vehicles per day past the front door.
- Minutes from the new Canopy master-planned community and the broader Welaunee growth corridor — one of Tallahassee's fastest-growing rooftop pipelines.
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