HTeaO 2320 NE Capital Cir

Investment Highlights

Net leased by regional tenant with new 10 year lease 3% yearly increases

Executive Summary

Premier Commercial Group is proud to present this building for sale in Capital Hill Plaza. This 1,890 sf single tenant building includes a drive thru and is currently being leased out by HTeaO - a national tenant with a newly signed 10 year NNN lease. This property sits inside of our newly constructed Capital Hill Plaza in addition to many other national tenants such as Dunkin Donuts,Smoothie King, Avis Car Rentals, and more. It fronts Capital Circle NE - one of the busiest roads in Tallahassee, and is second away from an I-10 interchangeHTeaO originated in Texas in 2018. It currently has over 60 stores nation wide in Texas, Arkansas, New Mexico, and Florida, with 100stores currently under construction and over 300 signed franchise agreements!

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    2,400
• Building Class    B
• Year Built    2024
• Price    2,320,000
• Price Per SF    967
• Cap Rate    5.33
• NOI    123,656
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.01
• Land Acres    4.00 AC