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3205 SW 47Th Ave Gainesville, FL 32608

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For Sale
$1,997,500

Commercial property with long-term tenant near University of Florida.

Lot size:
0.15 Acres

Property Features for 3205 SW 47Th Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.15 Acres

Building Details

Year built
2005

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Listing Contact
Sage Alfonso
Sage Alfonso
Source: Elliman

Listing Agency: Bosshardt Realty Services, LLC Listing Agent: Sage Alfonso

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

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Overview

Gainesville Commercial Property Investment

This commercial property, located in Gainesville, FL, presents an investment opportunity. The property features 7,727 square feet, including 5,801 square feet of heated and cooled space, along with an additional 0.11-acre expansion lot. A long-term national tenant, ADT LLC, has occupied the property for over 20 years and recently extended their lease through April 2029. The property generates a current net operating income of approximately $154,930 per year, with annual rent escalations. The tenant is responsible for operating expenses and taxes. This property is an excellent candidate for a 1031 exchange, offering stable cash flow, a strong credit tenant, and future upside potential near the University of Florida.
Location Intelligence

Current Use by Public Records

Lance Jarzynka Security Service ADT Security Services Security Service Everon - ADT Commercial Corporate Office VA OIT Government Office

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Gainesville
County
Alachua
State
Florida
Longitude
-82.3699094
Latitude
29.6088083

FAQs

What type of property is this?
NNN property - Commercial property with long-term tenant near University of Florida.
Where is this nnn property located?
The property is located at 3205 SW 47Th Ave Gainesville, FL.
What is the asking price?
The asking price for this property is $1,997,500.
What are key features of this property?
This property features: - Long-term national tenant (ADT LLC) with lease extended through April 2029, providing stable income.; - Current Net Operating Income (NOI) approximately $154,930 per year with annual rent escalations.; - Offered at $2,345,000 with a 6.6% cap rate.
More about this property
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