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34521233
34521234

4344 SW Archer Road, Gainesville, FL 32608 For Sale

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$3,322,000
2 days on market
Updated 2 days ago

Starbucks - Gainesville FL

Details
APN 06818-001-000
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,500
Cap Rate 5%
NOI $166,100
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN
Lease Term 15.1
Lease Expiration 02/28/2034
Remaining Term 7.6
Rent Bumps Yes
Lease Options 3 (5-Year)
Year Built 2019
Buildings 1
Acreage 0.860
Zoning General Commercial
Parking Spaces 31 spaces
Parking per 1,000 SqFt 12.40
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 02/01/2019
Ground Lease No

Single Tenant NN w/ Drive-Thru

Marketing description

SRS Real Estate Partners is pleased to exclusively market for sale a single-tenant Starbucks property located in Gainesville, Florida. This investment opportunity features a corporate-signed NN lease with over 8 years remaining on the initial term and 3 (5-year) options to extend. The lease includes 10% rental increases at the beginning of each option period, demonstrating Starbucks' long-term commitment to this high-performing location.

The property is strategically positioned at the signalized four-way intersection of SW 43rd Street and SW Archer Road (51,500 VPD), just west of Interstate 75 (104,500 VPD). The site benefits from exceptional co-tenancy, located next door to the #1 Wawa location in Florida (98th percentile nationwide) and adjacent to the #1 Texas Roadhouse in Florida (98th percentile nationwide). The property is also positioned near the newly constructed HCA Florida Gainesville 55-acre Hospital and Medical Campus opening in May 2026, and is half a mile from Butler Plaza which attracts 10.5M+ visitors annually.

Located just 1.8 miles from the University of Florida, the fifth largest public university in the United States with over 62,000 students and 20,000 employees, this Starbucks benefits from consistent traffic throughout the year. The 5-mile trade area boasts strong demographics with more than 151,000 residents, 93,000 employees, and an average household income of $91,788.

Investment highlights

  • 8+ Years Remaining | Options To Extend | Corporate Signed | Scheduled Rental Increases
  • NN Leased | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
  • Gainesville, FL | Strong Demographics In 5-Mile Trade Area
  • Signalized, Four-Way Intersection | Off I-75 (104,500 VPD) | Next to #1 Wawa and Texas Roadhouse Locations in FL | UF (62,000 Students)

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$166,100.00
$13,841.67/mo

Valuation Metrics

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DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Brokerage
SRS Real Estate Partners-SOFLO LLC
Title
Broker of Record
Name
Patrick Nutt
License
BK3120739
Name
William Wamble
License
SL3257920
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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