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$ 1,997,500
Est. payment | /mo
5,801 SqFt
$ 1,997,500
Est. payment | /mo
5,801 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,801 sqft
Price per Sqft $344
MLS Listing ID GC533715
HOA Y/N No
Year Built 2005
Annual Tax Amount $10,986
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Office
Source Stellar MLS
Property Description
Prime net-leased investment opportunity in Gainesville, FL. This 7,727 SF commercial property (5,801 SF heated & cooled) includes an additional 0.11-acre parcel offering future expansion or value-add potential. Leased to ADT LLC, a national credit tenant in place for over 20 years, with a recently extended lease through April 2029 and built-in annual rent escalations. Tenant pays operating expenses and real estate taxes, providing stable, low-management income.
The property serves as ADT's primary warehouse and office hub for North Florida and South Georgia, reinforcing long-term tenancy. Current NOI is approximately $154,930/year. Offered at $1,997,500 (6.5% cap rate). Strong 1031 exchange opportunity with reliable cash flow and upside potential in a growing market near the University of Florida.
The property serves as ADT's primary warehouse and office hub for North Florida and South Georgia, reinforcing long-term tenancy. Current NOI is approximately $154,930/year. Offered at $1,997,500 (6.5% cap rate). Strong 1031 exchange opportunity with reliable cash flow and upside potential in a growing market near the University of Florida.
Location
State FL
County Alachua
Area 32608 - Gainesville
Zoning BUS
Interior
Cooling Central Air
Exterior
Roof Type Metal
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Structure Type Brick
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC533715
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Robert Caniff BOSSHARDT REALTY SERVICES, LLC
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