$3,322,000 USD
954-302-7365
4344 SW Archer Rd
Gainesville, FL 32608
West Gainesville
HIGHLIGHTS
- 8+ Years Remaining | Options To Extend | Corporate Signed | Scheduled Rental Increases
- NN Leased | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
- Gainesville, FL | Strong Demographics In 5-Mile Trade Area
- Signalized, Four-Way Intersection | Off I-75 (104,500 VPD) | Next to #1 Wawa and Texas Roadhouse Locations in FL | UF (62,000 Students)
OVERVIEW
• Starbucks has 8+ years remaining on their initial lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is corporate signed by Starbucks, an investment grade (S&P: BBB+), nationally recognized, and established firm with over 40,200 stores
• The lease features 10% rental increases at the beginning of each option
FOR SALE DETAILS
PRICE
$3,322,000 USD
PRICE/SF
$1,258 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks - Gainesville FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
31
LAND DETAILS
LAND ACRES
0.86 AC
LAND SF
37,462 SF
ZONING
General Commercial
APN/PARCEL ID
06818-001-000
ASK ABOUT THIS PROPERTY
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954-302-7365
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954-302-7365
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