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Jonesville Renovated Office/Flex Space
For Lease
$12 SF/Yr NNN

404 SW 140th Terrace, Newberry, FL 32669

Renovated office and flex space in Jonesville's Equilease Park.

Space Size350 SF - 6,464 SF
Property Size31,440 SF
Lot Size4.35 Acres
Days on Market166

Property Features for 404 SW 140th Terrace

General Information

Standard status Active
Size 350 SF - 6,464 SF
Lot size 4.35 Acres
Property subtype Office
Lease Term NNN

Building Details

Building Size 31,440 SF

Spaces For Lease

at 404 SW 140th Terrace Contact us

404 SW 140th ter $14 – $21.50/SF/Yr

Size
4,434 SF
Type
Office Building
Term
Negotiable
Contact us

404 SW 140th ter $350/Mo

Size
350 SF
Type
Office Building
Term
Negotiable
Contact us

404 SW 140th ter $530/Mo

Size
530 SF
Type
Office Building
Term
Negotiable
Contact us

404 Sw 140th ter $14 – $21.50/SF/Yr

Size
6,464 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Lee & Associates Gainesville
Listed By: Dan Drotos, MSRE, CCIM, SIOR · License #FL #BK3255693
Source: Lee-associates
Added: Mar 26 Changed: Sep 6 Last Checked: Sep 6 at 6:08AM

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 Lee & Associates Gainesville

Investment Insights

Based on property information with market context.

Located in Jonesville's Equilease Park, this property offers renovated office and flex space. The campus includes more than 25,256 square feet of renovated office space. The location is surrounded by other businesses, including the Town of Tioga, Jonesville’s Steeplechase Plaza, Arbor Greens office park/community and the CAMPUS USA Credit Union Headquarters. The main office building is undergoing a total renovation, both inside and out, with a new floorplan consisting of six new suites of various sizes ranging from 6,464 square feet, the largest suite, to the smallest suite with 3,001 square feet. There is green space between the office and warehouse/flex space. Plans for a future phase with a third brand new building on the campus are already in the works. There’s an open-air storage structure with a metal roof and fencing. The property includes 4.35 acres of land, plus a 1.38 acre parcel that is paved and fenced. Outside storage or lay-down yard is also available for purchase or lease. The property is offered at $12/SF NNN as-is, and total renovated spaces are offered at $21.50/SF NNN with $100/SF TI. This location is suited for various business needs.

Key Highlights

  • Total renovation of office space with six new suites ranging from 3,001± SF to 6,464± SF.
  • Prime location in Jonesville's Equilease Park, surrounded by thriving businesses.
  • Flexible space options including office, warehouse/flex space, and open‑air storage.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Building Supply HVAC Service Electrical Service Law Firm Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby

Demographics for 32669, FL

15,890
Population
7,054
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
98%
High-School Grad
98.6 sq mi
ZIP Area
161
Density / Sq Mi
$102,335
Median Household Income
$56,150
Median Earnings
$1,657
Median Rent
$308,000
Median Home Value

Market

Lease Benchmarks for Newberry, FL

$25 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
9,716 SF
Avg Space Size

This space is priced 52% below the average of $25 /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 - Renovated office and flex space in Jonesville's Equilease Park.
Where is this office units located?
The property is located at 404 SW 140th Terrace Newberry, FL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Total renovation of office space with six new suites ranging from 3,001± SF to 6,464± SF.; Prime location in Jonesville's Equilease Park, surrounded by thriving businesses.; Flexible space options including office, warehouse/flex space, and open‑air storage.
More about this property
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