1556 SW State Road 45 - Industrial FOR SALE
Newberry, FL 32669 |
$4,200,000 USD
770-728-8407
1556 SW State Road 45
Newberry, FL 32669
HIGHLIGHTS
- Pro-forma cap rates exceed 9.25% in Years 3 & 4, offering strong returns.
- Only one other climate-controlled competitor within 5 miles of the facility.
- Average household incomes in the area exceed $105,000.
- Currently mom & pop managed, presenting significant management upside.
- Located 15 miles from Gainesville in a high-growth MSA with 4%+ annual population growth.
- Less than 1 mile from a new retail development adding 6,306 housing units.
FOR SALE DETAILS
PRICE
$4,200,000 USD
PRICE/SF
$129 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Town Center Storage
PROPERTY TYPE
Industrial
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
7.59
LAND SF
330,620
ZONING
-
APN/PARCEL ID
02530-004-000
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770-728-8407
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770-728-8407
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