Overview
- Updated On:
- November 11, 2025
- 5,801.00 ft2
Property Description
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.
Property Id: 10029288
Price: $ 2,195,000
Property Size: 5,801.00 ft2
Property Lot Size: 0.15 ft2
Other Features
Has Cooling System
$ 13,413.39
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 10,669.64
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