- Office, Commercial Sale
- 7727 Sqft
- 0.15 Acres
- 2005
Address
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Address: 3205 SW 47TH AVENUE
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City: GAINESVILLE
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State/county: FL
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Zip/Postal Code: 32608
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Area: N/A
Description
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 $2,345,000 (6.0% cap rate). Excellent 1031 exchange candidate with stable cash flow, strong credit tenant, and future upside potential near the University of Florida.
Details
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Property ID GC533715
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Price $1,997,500.00
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Property Size 7727 sqft
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Land Area 0.15 sqft
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Garage Size x x
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Year Built 2005
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Type Office, Commercial Sale
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional
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Roof Metal
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Cooling Central Air
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County Alachua
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Property Type Commercial Sale
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All information contained herein is deemed accurate but is to be verified by the purchaser. Buyer's Agent is responsible for their due diligence, including but not limited to verifying community information and rules, square feet, room dimensions and taxes, lot size, utility data, and school assignments. Room sizes and square footage are approximate and should be independently verified by the buyer/buyer's agent.