5719 NW 13th St - Flex FOR SALE


Gainesville, FL 32653
$2,514,976 USD
407-557-3836
5719 NW 13th St, Gainesville, FL for Sale
$2,514,976 USD
Flex - FOR SALE
1/8
null | 6.25% Cap Rate

5719 NW 13th St
Gainesville, FL 32653


HIGHLIGHTS

  • 15,600 SF Office/Flex Building | Situated on Large 2.5 Acre Lot
  • 100% Leased to Partnership for Strong Families LLC, A State of Florida Contractor
  • Recently Executed Long-Term Lease (Running Through 4/1/35 | Two, 5-Year Renewal Options)
  • Inflation Hedge - 3% Annual Rental Increases (Commencing on 4/1/28)
  • Substantial Recent Capital Improvements Totaling Over $100,000 | Includes Interior Build-Out, Painting, Parking Lot Seal/Stripe & More…
  • Excellent Visibility and Access & Full Median Cut On NW 13th Street (US Hwy 441)

OVERVIEW

Partnership for Strong Families (PSF), was established in 2002 as a Florida Not for Profit Corporation and was qualified as an income tax exempt organization under the provisions of IRS Section 501 C (3). New Ten (10) Year Lease (Expiring 4/1/35), plus Two, 5-Year Options)

FOR SALE DETAILS

PRICE

$2,514,976 USD

PRICE/SF

$161 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PARTNERSHIP FOR STRONG FAMILIES

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.5

LAND SF

108,900

ZONING

PD

APN/PARCEL ID

07879-007-003

ASK ABOUT THIS PROPERTY

Wyatt ShufordMarcus & MillichapMore Info
407-557-3836

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Wyatt ShufordMarcus & MillichapMore Info
407-557-3836

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