$1,436,983 USD
954-295-4534
105 NW 75th St
Gainesville, FL 32607
West Gainesville
HIGHLIGHTS
- Multi-Tenant Medical Office Building with 100% Occupancy and Stable Healthcare Tenancy
- Government-Backed Income from U.S. Department of Veterans Affairs with 10+ Year Operating History
- Heartland Dental Recently Exercised 5-Year Renewal Option Through 2031 Demonstrating Commitment
- Below Market Rents Provide Future Upside Through Renewals and Mark-to-Market Opportunities
- Prime Medical Corridor Location Near North Florida Regional Medical Center and University of Florida
- Attractive 7.25% Cap Rate with $104,181 Annual NOI and Recession-Resistant Healthcare Uses
FOR SALE DETAILS
PRICE
$1,436,983 USD
PRICE/SF
$237 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Tower Road Professional Center
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.2 AC
LAND SF
52,272 SF
ZONING
BP
APN/PARCEL ID
06655-101-001
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954-295-4534
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954-295-4534
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