Listed by Bosshardt Realty Services
$1,300,000
Warehouse on Signaled Hard Corner with Established Tenant
Details
APN 15701-005-000 & 15691-002-000
Property Type Industrial
Sub Type Warehouse
Square Footage 4,308
Net Rentable (SqFt) 3,840
Cap Rate 8.37%
NOI $108,751
Occupancy 100%
Tenancy Single
Brand/Tenant Go Puff
Lease Type NNN
Lease Term 7.1
Lease Expiration 08/31/2027
Remaining Term 1.2
Rent Bumps Yes
Price per SqFt $302
Class A
Year Built 1958
Year Renovated 2020
Buildings 1
Stories 1
Acreage 0.760
Zoning I-1
Parking Spaces 13 spaces
Parking Per SqFt 3.02
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/13/2020
Occupancy Date 07/13/2020
Ground Lease No
Loading Docks 2
National Retail Tenant in Place
Marketing description
Bosshardt Realty Services is pleased to present this spacious warehouse in Gainesville's Downtown area. Located within seconds of the Cade Museum for creativity and innovation, Downtown Gainesville and Tom Petty Park. Only minutes from the University of Florida, this conveniently located Retail warehouse has a well established tenant through 2027. This is a perfect opportunity to own a prominent building at one of Gainesville's most well trafficked hard signaled corners with 30,000 trips a day. The Landlord and tenant invest over $500,000 to remodel and modernize the buildout of this property.
Do NOT disturb the tenant.
Investment highlights
Ample Parking
High Visibility
Signaled Hard Corner
Established Tenant
Good Cash Flow
Annual Bumps
Signage may be available
Listing Contacts
Listed by Bosshardt Realty Services
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$108,751.00
$9,062.58/mo
Valuation Metrics
0
DSCR
8.37%
Cap Rate
8.37%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Name
License
Is there information that looks off?
