Stable 10-Year Government Lease Investment + Buildable Lot
Executive Office | 15,600 SqFt
Marketing description
15,600 SF office/flex investment opportunity fully leased to Partnership for Strong Families, a State of Florida contracted lead agency with a corporate structure, with a current lease term through April 1, 2035. The lease includes two (2) five-year renewal options and 3% annual rent increases beginning April 1, 2028, providing built-in income growth and long-term stability.
Positioned on 2.6 acres along NW 13th Street with approximately 29,000 vehicles per day, the property benefits from strong visibility and accessibility. Recent capital improvements exceeding $100,000 include a roof coating (2022), HVAC upgrades, and LED lighting, minimizing near-term capital expenditures.
The property also includes a buildable lot at the front of the parcel, with approved commercial uses under the existing PD zoning. This provides additional development potential and long-term value creation. See brochure for additional zoning and development details.
Offered at $2,500,000 ($160.26/SF), this asset presents a secure, government-backed income stream in a strong Gainesville corridor.
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