Multi-Tenant NNN Flex
For Sale
Contact for pricing
3033 NE 19th Dr, Gainesville, FL 32609
Fully leased 15-unit flex warehouse with individually metered electrical and 12' ground level bay doors.
Property Size18,125 SF
Price / SF$88
Days on Market576
Property Features for 3033 NE 19th Dr
General Information
Standard status
Active
Size
18,125 SF
Property subtype
INDUSTRIAL
Zoning
I2
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
15
Amenities
individually metered electrical systems
shared water meters
Building Details
Tenancy
Multi
Listing Agency:
Bosshardt Realty Services
Listed By:
Eric Ligman · License #3086548
(352) 256-2112
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Oct 26
Last Checked: Oct 26 at 4:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bosshardt Realty Services
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Investment Insights
Based on property information with market context.
This fully leased, income-producing NNN warehouse property is a multi-tenant flex warehouse featuring 15 units. Each unit has individually metered electrical systems and shared water meters, with a 12' ground level bay door providing practical warehouse access for tenant operations.
The property is located at 3033 NE 19th Dr in Gainesville, FL 32609, in an industrial setting with I2 Heavy Industrial zoning. Access to Highway 301 is noted in the offering materials, and a detailed rent roll is available upon request.
With individually metered electrical and shared water meters across the 15 units, the configuration is designed for multiple tenants within a single NNN warehouse framework.
The property is located at 3033 NE 19th Dr in Gainesville, FL 32609, in an industrial setting with I2 Heavy Industrial zoning. Access to Highway 301 is noted in the offering materials, and a detailed rent roll is available upon request.
With individually metered electrical and shared water meters across the 15 units, the configuration is designed for multiple tenants within a single NNN warehouse framework.
Key Highlights
- Fully leased, income‑producing NNN flex warehouse with 15 units
- I2 Heavy Industrial zoning supports a wide range of uses
- Each unit has individually metered electrical systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,417
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,648,340
$2.6M
Cap Rate 7%
$1,891,671
$1.9M
Cap Rate 9%
$1,471,300
$1.5M
Market Conditions
NOI Build-Up for 18,125 SF
Gross rent
$163.1K $9.00/SF
− Vacancy
−$7.3K −$0.41/SF
EGI
$155.8K $8.59/SF
− OpEx
−$23.4K −$1.29/SF
NOI
$132.4K $7.31/SF
Area
Gainesville, FL
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,648,340
Cap Rate 7%
$1,891,671
Cap Rate 9%
$1,471,300
Alternative Uses
Best Use
Flex RnD
$2.43M
$2.13M – $2.83M
NOI $170,003 @ 7.0% cap · market cap 10.66%
Second Best
Warehouse
$1.89M
$1.66M – $2.21M
NOI $132,417 @ 7.0% cap · market cap 8.30%
Theoretical Best
Office A
$4.49M
$3.93M – $5.24M
NOI $314,244 @ 7.0% cap · market cap 19.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
15
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32609, FL
18,322
Population
8,515
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
87%
High-School Grad
117.5 sq mi
ZIP Area
156
Density / Sq Mi
$48,121
Median Household Income
$34,041
Median Earnings
$1,159
Median Rent
$174,500
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Hill's Bar-b-que & Catering — 2626 NE 39th Ave, Gainesville, FL 32609
Frequently Asked Questions
What type of property is this?
Flex space - Fully leased 15-unit flex warehouse with individually metered electrical and 12' ground level bay doors.
Where is this flex space located?
The property is located at 3033 NE 19th Dr Gainesville, FL.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Fully leased, income‑producing NNN flex warehouse with 15 units; I2 Heavy Industrial zoning supports a wide range of uses; Each unit has individually metered electrical systems
