16314 Us Highway 441 Alachua, FL 32615
- Medical offices
- 8,672 SF
- 0.47 lot acres
Current Use by Public Records
- MainStreet Family Care / Urgent Care Center / Medical Center
Property Details for 16314 Us Highway 441
- Year built
- 2024
- Lot size
- 0.47 lot acres
- Property size
- 8,672 SF
- Property type
- Medical offices
Description
This exceptional investment opportunity presents the fee-simple ownership of a brand-new, 8,672-square-foot medical office building in Alachua, Florida. The property is located at 16314 NW US Hwy 441, benefiting from high visibility on a major thoroughfare with approximately 28,426 vehicles passing daily. Currently 100% occupied by MainStreet Urgent Care under a 15-year triple-net (NNN) lease commencing November 1, 2024, and expiring October 31, 2039. The lease includes four (4) five (5)-year renewal options with a 10% rent increase every five years. The property boasts a strong 6.25% cap rate and a Net Operating Income (NOI) of $130,000. Built in 2024, this single-tenant facility sits on a 0.47-acre lot and offers a price per square foot of $239.85. The asking price is $2,080,000. The tenant, MainStreet Urgent Care, is a regional operator with 50 locations across four states, providing a strong corporate guarantee. The property's strategic location is further enhanced by its proximity to a Publix Super Market, drawing an estimated 1.2 million annual visitors, and is surrounded by a mix of residential, retail, and educational establishments, including Sante Fe High School. The surrounding area demonstrates a robust average household income of $98,652. This presents a compelling investment opportunity with significant long-term potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alachua
- County
- Alachua
- State
- Florida
- Longitude
- -82.5288586
- Latitude
- 29.8046129
