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Class A Office Space Available
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3951 NW 48th Ter, Gainesville, FL

Modern office space for lease in mixed-use development.

Property Size8,193 SF
Lot Size2.99 Acres
Days on Market612

Property Features for 3951 NW 48th Ter

General Information

Standard status Active
Size 8,193 SF
Lot size 2.99 Acres
Property subtype OFFICE
Listing Agency: BHGRE Commercial - Thomas Group
Listed By: Gavin Johnson · License #3287999
Source: Moodyscre
Added: Nov 29, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:58AM

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 BHGRE Commercial - Thomas Group

Investment Insights

Based on property information with market context.

Located off 39th Avenue, with a high traffic count, Magnolia Parke is a mixed-use environment. The property is anchored by tenants including Starbucks, UF Health, and One Love Cafe. This Class A office space is located on the second floor with elevator access and roadway visibility. It features over 8,000 square feet of combined private and co-work space, conference space, break rooms, and a reception area in a modern environment. Ample parking is available. The space can be demised to accommodate smaller office requirements, starting from 1,500 square feet.

Key Highlights

  • Prime location off 39th Avenue with high traffic (38,000 cars per day).
  • Class A office space with over 8,000 square feet.
  • Anchored by prominent tenants: Starbucks, UF Health, and One Love Cafe.

Property Analytics

Current Use

UF Health Wound ... Medical Clinic MediaEdge Communications, LLC. Marketing & Advertising Dr. Nicole Provost, ... Pediatrician Davis John D ... Physician Nicole Provost Physician

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Auto Parts Store HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Market

Lease Benchmarks for Gainesville, FL

$62.22 /SF/Yr
Avg Asking Price
$1.84–$314 /SF/Yr
Price Range
3,404 SF
Avg Space Size

This space is priced 71% below the average of $62.22 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Modern office space for lease in mixed-use development.
Where is this office units located?
The property is located at 3951 NW 48th Ter Gainesville, FL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime location off 39th Avenue with high traffic (38,000 cars per day).; Class A office space with over 8,000 square feet.; Anchored by prominent tenants: Starbucks, UF Health, and One Love Cafe.
(352) 665-1093 Call to check price and availability
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