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424 NW 8th Avenue, Gainesville, FL

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424 NW 8th Avenue

Gainesville, FL 32601

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1945
Building Size:2,442 SF Land Area:.27 AC (11,935 SF)
For Sale Price:$350,000 Price/SF:$143.33
Cap Rate:7.50 %
Parking:Free Surface spaces are available; Ratio of 3.45/1,000 SF
Features:Bus Line, Pylon Sign, Signage

Sale Notes:
Older building built 1945. Single Tenant "Celebrations Cafe & Bakery". They have occupied he building for 12 years and just renewed lease for 10 years. Paying $2,000/mth NNN. Better than True Net as Tenant has full responsability for all maintenance and structure repairs and/or replacement. Landlord has no expense.

Thomas Group Realty LLC
John Thomas
(352) 226-8228

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