16093 NW 163rd Lane - Retail FOR SALE


Alachua, FL 32615
$6,544,832 USD
203-253-9455
16093 NW 163rd Lane, Alachua, FL for Sale
$6,544,832 USD
Retail - FOR SALE
1/3
null | 6.75% Cap Rate

16093 NW 163rd Lane
Alachua, FL 32615


HIGHLIGHTS

  • 100% Bonus Depreciation
  • Strong Corporate Guarantee
  • Income Tax Free State
  • Santa Fe High School
  • High - Traffic Frontage
  • Affluent Demographics

OVERVIEW

Surmount is pleased to present the exclusive listing for a Whistle Express located at 16093 Northwest 163rd Lane, Alachua, FL 32615. The site consists of roughly 4,700 rentable square feet of building space on an estimated 1.63-acre parcel of land. Whistle Express is subject to a 20-year Triple Net (NNN) lease, which commenced 1/5/2024. The current annual rent is $441,776 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$6,544,832 USD

PRICE/SF

$1,393 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whistle Express

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,003 SF

ZONING

-

APN/PARCEL ID

03049-005-000

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.