- Lori Ann Bugliaro P.A., PA,REALTOR ®
- Tropic Shores Realty
- Helping My Clients Make the Right Move!
- Mobile: 352.585.0041
- Fax: 888.519.7102
- Mobile: 352.585.0041
- loribugliaro.realtor@gmail.com
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Property Photos
- MLS#: GC533715 ( Commercial Sale )
- Street Address: 3205 47th Avenue
- Viewed: 111
- Price: $1,997,500
- Price sqft: $259
- Waterfront: No
- Year Built: 2005
- Bldg sqft: 7727
- Days On Market: 234
- Additional Information
- Geolocation: 29.6088 / -82.3699
- County: ALACHUA
- City: GAINESVILLE
- Zipcode: 32608
- Provided by: BOSSHARDT REALTY SERVICES, LLC
- Contact: Robert Caniff
- 352-671-8203
- DMCA Notice
-
DescriptionPrime net leased investment opportunity in Gainesville, FL. This 7,727 SF commercial property (5,801 SF heated & cooled) includes an additional 0.11 acre parcel offering future expansion or value add potential. Leased to ADT LLC, a national credit tenant in place for over 20 years, with a recently extended lease through April 2029 and built in annual rent escalations. Tenant pays operating expenses and real estate taxes, providing stable, low management income. The property serves as ADTs primary warehouse and office hub for North Florida and South Georgia, reinforcing long term tenancy. Current NOI is approximately $154,930/year. Offered at $1,997,500 (6.5% cap rate). Strong 1031 exchange opportunity with reliable cash flow and upside potential in a growing market near the University of Florida.
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- COM NE COR GARY GRT S 05 DEG 04 MIN 33 SEC E 5747.92 FT SWLY ALG CURVE 409.86 FT S 85 DEG 40 MIN 17 SEC W 830.27 FT S 04 DEG 19 MIN 43 SEC E 663.04 FT N 50 DEG 03 MIN 14 SEC E 373.96 FT N 04 DEG 19 MIN 43 SEC W 134.40 FT N 04 DEG 19 MIN 43 SEC W 132. 40 FT N 85 DEG 40 MIN 17 SEC E 85 FT POB N 85 DEG 40 MIN 17 SEC E 100 FT S 04 DEG 19 MIN 43 SEC E 66.67 FT S 85 DEG 40 MIN 17 SEC W 100 FT N 04 DEG 19 MIN 43 SEC W 66.67 FT POB AKA BLDG 2 OR BLDG B OR 3085/1429
Living Area
- 5801.00
Area Major
- 32608 - Gainesville
Net Operating Income
- 130782.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 07240-022-000
Possession
- Close Of Escrow
Property Type
- Commercial Sale
Road Frontage Type
- City Street
Roof
- Metal
Tax Year
- 2024
Township
- 10
Views
- 111
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/GC533715
Year Built
- 2005
Zoning Code
- BUS
