Value-Add Office Investment Opportunity
Income-Producing | Separately Metered Office Building with Value-Add Upside
Marketing description
Located along Gainesville’s high-traffic NW 13th Street corridor, this ±0.91-acre income-producing office property offers a value-add opportunity in a highly visible, centrally located area near the University of Florida. The existing office building is currently occupied by multiple tenants on month-to-month leases, providing immediate income while allowing an investor or owner-user flexibility to reposition the asset, renew tenants on longer-term leases, or reconfigure the property.
The building is separately metered for individual tenant billing and future leasing strategy. Positioned just two parcels from a signalized intersection, the property benefits from strong access, wraparound circulation, two points of ingress/egress, and combined traffic counts exceeding 46,000 vehicles per day along the surrounding corridor.
Surrounded by national retailers, established neighborhoods, and dense commercial activity, the property presents an opportunity to stabilize and enhance an existing office asset in one of Gainesville’s most traveled corridors.
Investment highlights
- ±0.91-acre income-producing office property
- Located on Gainesville’s high-traffic NW 13th Street corridor
- Strong value-add and repositioning opportunity
- Currently leased to multiple tenants on month-to-month leases
- Opportunity to convert existing tenants to long-term leases
- 5 separately metered units
- Two points of ingress/egress
- Wraparound circulation and strong site access
- Positioned two parcels from a signalized intersection
- Combined traffic counts exceeding 46,000 vehicles per day
- Minutes from the University of Florida
- Surrounded by national retailers, residential neighborhoods, and dense commercial activity
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