Jeff Nelson Purchases Retail Property At 140 Capital Cir SW From Kenton Wright For $4.57M
140 Capital Cir Sw
$4,568,024
$309/SF
Building Size
14,751 SF
Asset Type
Retail
Closing
Dec 29, 2025
AI
The retail asset located at 140 Capital Cir SW in Tallahassee features a total square footage of 14,751. The property sold for a transaction amount of $4,568,024, equating to a price per square foot of $309.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,568,024
- Address: 140 Capital Cir SW
- Market: Tallahassee
- Square Footage: 14,751
- Price per Square Foot: $309
- Buyer: Jeff Nelson
- Seller: Kenton Wright
- Brokers: Ronnie Issenberg, Gabriel Britti & Ricardo Esteves - Marcus & Millichap
The transaction involved Jeff Nelson as the buyer and Kenton Wright as the seller, facilitated by the brokerage team of Ronnie Issenberg, Gabriel Britti, and Ricardo Esteves from Marcus & Millichap, who represented the parties in this retail property deal.
Players
Tallahassee Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.47%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93