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    2018 SW 34Th St Gainesville, FL 32605

    For Sale
    $8,046,000

    Retail property in Gainesville, Florida, with long-term NNN lease.

    Property size:
    40,965 SF
    Lot size:
    7.62 Acres

    Property Features for 2018 SW 34Th St

    General Information

    Size
    40,965 SF
    Lot size
    7.62 Acres

    Source: Colliers | Miami Agent Warren Weiser

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gainesville Retail Property For Sale

    This retail property is located in Gainesville, Florida. The property is currently occupied by Crunch Fitness under an absolute NNN lease. The lease includes a 10% rental increase. The location benefits from strong market fundamentals and proximity to the University of Florida. The tenant is the second-largest Crunch Fitness operator. The property is situated in a state with no income tax. The property has a size of 40965 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    UPS Access Point ... Shipping And Mailing Service Advance Auto Parts Auto Parts Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.3738533
    Latitude
    29.6333202

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    FAQs

    What type of property is this?
    Retail space - Retail property in Gainesville, Florida, with long-term NNN lease.
    Where is this retail space located?
    The property is located at 2018 SW 34Th St Gainesville, FL.
    What is the asking price?
    The asking price for this property is $8,046,000.
    What are key features of this property?
    This property features: - Long-Term Absolute NNN Lease with 10% Rental Increases; - Located in an Income Tax-Free State; - Top Recognized Fitness Brand (Crunch Fitness)
    (305) 359-3690
    Request Owner's contact information
    2018 SW 34Th St Gainesville, FL 32605
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    Gainesville, FL 32605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2018 SW 34Th St Gainesville, FL 32605
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