Prime investment opportunity in Gainesville, FL – 7,727 SF commercial property (5,801 SF heated & cooled) plus .11-acre expansion lot. Long-term national tenant ADT LLC, in place for over 20 years, recently extended lease through April 2029. Current NOI approx. $154,930/year with annual rent escalations. Tenant pays operating expenses and taxes. Offered at $2,345,000 (6.0% cap rate). Excellent 1031 exchange candidate with stable cash flow, strong credit tenant, and future upside potential near the University of Florida.
5,801 Sq Ft
6,534 Sq Ft Lot Size
Commercial
$10,986 Annual Tax
Built in 2005
MLS/Listing ID GC533715
Metal
Slab
Cooling - Central Air
Construction - Brick
Source of Data: STELLAR MLS
TOTAL MONTHLY COST
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