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PARTNERSHIP FOR STRONG FAMILIES 5719 NW 13th St 15,600 SF 100% Leased Flex Building Gainesville, FL 32653 $2,514,976 ($161.22/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 15,600 SF Office/Flex Building | Situated on Large 2.5 Acre Lot
- Recently Executed Long-Term Lease (Running Through 4/1/35 | Two, 5-Year Renewal Options)
- Substantial Recent Capital Improvements Totaling Over $100,000 | Includes Interior Build-Out, Painting, Parking Lot Seal/Stripe & More…
- 100% Leased to Partnership for Strong Families LLC, A State of Florida Contractor
- Inflation Hedge - 3% Annual Rental Increases (Commencing on 4/1/28)
- Excellent Visibility and Access & Full Median Cut On NW 13th Street (US Hwy 441)
EXECUTIVE SUMMARY
Partnership for Strong Families (PSF), was established in 2002 as a Florida Not for Profit Corporation and was qualified as an income tax exempt organization under the provisions of IRS Section 501 C (3).
New Ten (10) Year Lease (Expiring 4/1/35), plus Two, 5-Year Options)
New Ten (10) Year Lease (Expiring 4/1/35), plus Two, 5-Year Options)
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,514,976 | Building Class | C |
| Price Per SF | $161.22 | Lot Size | 2.50 AC |
| Sale Type | Investment | Rentable Building Area | 15,600 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Flex | Year Built | 1984 |
| Zoning | PD | ||
| Price | $2,514,976 |
| Price Per SF | $161.22 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 2.50 AC |
| Rentable Building Area | 15,600 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Zoning | PD |
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Partnership for Strong Families
- -
-
99,999 SF
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Partnership for Strong Families | - | 99,999 SF | - | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 07879-007-003 | Improvements Assessment | $1,224,840 |
| Land Assessment | $87,437 | Total Assessment | $1,312,277 |
PROPERTY TAXES
Parcel Number
07879-007-003
Land Assessment
$87,437
Improvements Assessment
$1,224,840
Total Assessment
$1,312,277
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PARTNERSHIP FOR STRONG FAMILIES | 5719 NW 13th St
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