Royal Oak Plaza For Sale

1989 Capital Circle Northeast Tallahassee, FL 32308

1989 Capital Circle Northeast, Tallahassee, FL, 32308
1989 Capital Circle Northeast, Tallahassee, FL, 32308 1989 Capital Circle Northeast, Tallahassee, FL, 32308 1989 Capital Circle Northeast, Tallahassee, FL, 32308 1989 Capital Circle Northeast, Tallahassee, FL, 32308 1989 Capital Circle Northeast, Tallahassee, FL, 32308
FOR SALE
Property Type:
Strip Center
Amount:
$3,800,000
Last Verified:
Nov 04, 2025

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Highlights

  • High traffic & great visibility
  • Proximity to major retailers
  • Meticulously maintained
  • Ample parking available
  • Strong historical performance

Description

Introducing an outstanding investment opportunity in Tallahassee, FL!
This 18,027 SF retail/strip center offers a prime location and a proven investment return.
With 92% occupancy, it provides immediate income potential. The popular NE Tallahassee location makes this property perfectly positioned for retail success. Whether you're a seasoned investor or new to the game, this property promises a strong addition to your portfolio. An excellent opportunity to secure a prime retail investment in this high-demand location.

There is a vibrant atmosphere surrounding this high-traffic, high-visibility location. This dynamic area offers a diverse range of retail establishments, restaurants and consumer services making it an ideal destination for shopping enthusiasts. The popular Capital Circle Northeast area offers prime exposure for retail investors, with convenient access to a variety of dining, entertainment, and leisure options. The property's strategic position ensures unmatched visibility, enhancing its appeal as a prime retail investment opportunity. Within close proximity to HCA Florida Capital Hospital, the east side US Post Office, banks, new car dealers and rental car companies this bustling locale presents an enticing proposition for retail investors seeking a thriving market for their next venture.


Year Built: 1997
Building Size: 18027sq ft
Lot Size: 1.84 acres

Map of 1989 Capital Circle Northeast, Tallahassee, FL, 32308

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.