0 Welaunee Blvd
Tallahassee, FL 32308 Capital Circle

Positioned at the heart of the highly successful Canopy, this ±19- acre Town Center development opportunity represents one of the
most significant remaining commercial sites in Tallahassee’s fastest-growing corridor. Planned for approximately 12 commercial buildings, the project will serve as the central retail, dining, and service hub for the 500-acre Canopy community and the surrounding Northeast Tallahassee market.
The Town Center is designed to accommodate a diverse mix of uses including medical, quick-service restaurants, grocery, large format retail, small-shop retail, hospitality, restaurants, entertainment, institutional uses, and service-oriented businesses. Multiple pad sites are available for purchase or ground lease, offering flexibility for developers, owner-users, and national operators seeking presence within a rapidly expanding residential trade area.
Pricing is offered at $1.4M per acre for land sales or $110,000 NNN per acre for ground lease, with a minimum single-pad transaction of $1M for purchase or $70,000 NNN annually for ground lease. The Town Center has already generated strong early demand, with two of the twelve proposed pads sold and multiple national and regional retailers signed or currently in active negotiations to join the project.
Strategically located within one of the city’s most desirable master-planned communities, Canopy Town Center will become the primary commercial destination for thousands of existing and future residents while benefiting from continued residential growth in Northeast Tallahassee.

• Date available: Now
• Lease term: Negotiable
• Service type: None
• Space Type: Relet