Property
| Ownership: | Corporation |
|---|---|
| Type: | Unknown |
| Lot Size: | 0.2 Acres |
Financials
Price:$1,997,500
Annual Taxes:$10,986
Listing Courtesy of BOSSHARDT REALTY SERVICES, LLC
Prime net leased investment opportunity in Gainesville, FL.
Description
Prime net-leased investment opportunity in Gainesville, FL. This 7,727 SF commercial property (5,801 SF heated & cooled) includes an additional 0.11-acre parcel offering future expansion or value-add potential. Leased to ADT LLC, a national credit tenant in place for over 20 years, with a recently extended lease through April 2029 and built-in annual rent escalations. Tenant pays operating expenses and real estate taxes, providing stable, low-management income.
The property serves as ADT’s primary warehouse and office hub for North Florida and South Georgia, reinforcing long-term tenancy. Current NOI is approximately $154,930/year. Offered at $1,997,500 (6.5% cap rate). Strong 1031 exchange opportunity with reliable cash flow and upside potential in a growing market near the University of Florida.
Amenities
- Extra Storage
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
