Prime net leased investment opportunity in Gainesville, FL.
| Website: | https://www.nestseekers.com/5616849 |
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| Address: | GAINESVILLE, FL 32608 |
| Ownership: | Corporation |
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| Type: | Unknown |
| Lot Size: | 0.2 Acres |
Financials
Price:$1,997,500
Annual Taxes:$10,986
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
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of BOSSHARDT REALTY SERVICES, LLC | |