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140 Capital Cir Sw

Jeff Nelson Purchases Retail Property At 140 Capital Cir SW From Kenton Wright For $4.57M
SOLDRetail

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

Gabriel Britti

Marcus & Millichap

Broker

$502.2M

vol

70 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Kenton Wright

Seller

$24.3M

vol

3 deals

Seller

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