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1120 E University Ave
Gainesville, FL 32641
Walgreens | 5yrs Remain Corp Lse | S&P: BBB · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Approximately 5 Years Remaining | Options to Extend | Corporate Signed | Investment Grade Tenant (S&P: BBB)
  • Proximity to Downtown Gainesville | Dense Retail Corridor | Strong National/Credit Tenant Presence
  • Major Medical Centers Nearby | UF Shands Hospital (1,000+ Beds) |University of Florida (52,300+ Students)
  • NN Lease | Fee Simple Ownership | Strong Demographics in 5-Mile Trade Area
  • Signalized, Hard-Corner Intersection (55,500 VPD) | Excellent Visibility & Access | Significant Street Frontage | Multiple Signs
  • Direct Consumer Base | Strong Demographics in 5-Mile Trade Area

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,882 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.73 AC
Zoning
Urban 7
Parking
30 Spaces (4.39 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11516-000-000
Land Assessment
$1,770,932
Improvements Assessment
$1,113,977
Total Assessment
$2,884,909
  • Listing ID: 27214620

  • Date on Market: 11/30/2022

  • Last Updated:

  • Address: 1120 E University Ave, Gainesville, FL 32641

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