4300 NW 89th Blvd Gainesville, FL 32606
Office buildings
- Added:
- Oct 1, 2024
- Days on Market:
- 651
- Last Refresh:
- Jul 5 at 1:09 pm
Property Features for 4300 NW 89th Blvd
General Information
- Standard status
- Active
- Size
- 40,179 SF
- Property subtype
- Office
Listing office Lee & Associates Gainesville (904) 358-1206
Listing date Oct 1, 2024
Source Crexi
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.
Key Highlights
- Over 40,000 SF of executive office space.
- Secure environment with electronic access and on‑site security office.
- Convenient truck‑high loading dock for logistics.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $795.5k | $19.80 |
| − Vacancy | −$127.3k | −$3.17 |
| EGI | $668.3k | $16.63 |
| − OpEx | −$167.1k | −$4.16 |
| NOI | $501.2k | $12.47 |
