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Investment Opportunity 2320-2330 NW 13th St 49,080 SF 100% Leased Retail Building Gainesville, FL 32609 $6,250,000 ($127.34/SF) 6% Cap Rate
Investment Highlights
- Strategically located along NW 13th Street, a major north-south thoroughfare connecting downtown Gainesville to the University of Florida
- Strong visibility with multiple access points
- Dense surrounding population with continued residential growth
Executive Summary
Investment Opportunity in Gainesville, FL. Rare opportunity to acquire a high-visibility retail asset positioned along one of Gainesville’s primary commercial corridors.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Department Store
Building Size
49,080 SF
Building Class
B
Year Built
1991
Price
$6,250,000
Price Per SF
$127.34
Cap Rate
6%
NOI
$375,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.30
Lot Size
3.80 AC
Zoning
MU2
Parking
150 Spaces (1.51 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,505,575 | |
| Land Assessment | $2,202,830 | Total Assessment | $5,708,405 |
Property Taxes
Parcel Numbers
Land Assessment
$2,202,830
Improvements Assessment
$3,505,575
Total Assessment
$5,708,405
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Investment Opportunity | 2320-2330 NW 13th St
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