Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2005
Sq.Footage
5,801
Prime investment opportunity in Gainesville, FL – 7,727 SF commercial property (5,801 SF heated & cooled) plus .11-acre expansion lot. Long-term national tenant ADT LLC, in place for over 20 years, recently extended lease through April 2029. Current NOI approx. $154,930/year with annual rent escalations. Tenant pays operating expenses and taxes. Offered at $2,495,000 (6.2% cap rate). Excellent 1031 exchange candidate with stable cash flow, strong credit tenant, and future upside potential near the University of Florida.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.15
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$2,345,000
-
Tax Amount
10986.0
-
Sq. Footage
5, 801
-
Price/SqFt
$404
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Corporation
-
Tax Lot
3223
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Location
County
Alachua
Elementary School
Middle School
High School
Listing Courtesy of Robert Caniff , BOSSHARDT REALTY SERVICES LLC
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