3330 Archer Rd Gainesville, FL 32608-1731

This fee-simple ownership opportunity presents a 493-square-foot Shell gas station in Gainesville, FL, boasting a 6.25% cap rate and a substantial $171,707 NOI. The property, situated on a 0.65-acre lot with 6 parking spaces, benefits from a 16-year remaining lease term (expiring 11/01/2040) with two 10-year options, featuring 2% annual rent bumps. Built in 1984 and renovated in 2020, this absolute NNN lease offers zero landlord responsibilities, making it an ideal passive investment. The property enjoys a prime location at a signalized intersection with high daily traffic (107,000 vehicles), excellent visibility, and significant street frontage. Its strategic placement across from the Butler Center, a major super-regional mall with over 10.5 million annual visitors, and within a dense residential area near the University of Florida (60,000+ students), ensures a strong consumer base. The property is zoned for general business (BUS) and has an APN of 06784-003-000. The 5-mile trade area boasts over 167,000 residents and 107,000 daytime employees, with average household incomes exceeding $83,621. This investment offers significant tax advantages and bonus depreciation opportunities. The asking price is $2,747,000, translating to $5,572.01 per square foot. The property is currently 100% occupied.