404 140th Ter Newberry, FL 32669-3654
Equilease Park in Newberry, Florida, offers a diverse range of office spaces for lease, ideal for businesses seeking flexible and modern accommodations. This 40,000 square foot property features multiple tenancy options, with suites ranging from 3,001 to 25,256 contiguous square feet, and a total of 33,868 square feet currently vacant. The property is undergoing a complete renovation, boasting six new suites in the main office building, each with a unique floor plan. Located in Alachua County, this prime location offers easy access to thriving businesses and amenities. Beyond the office space, the campus includes a chemically certified 8,612 square foot lab/warehouse building, adaptable for various uses, featuring nine labs, storage areas, and convenient shipping/receiving access. An additional open-air storage structure with a metal roof and fencing provides ample storage capacity. The property also includes 4.35 acres of land, plus a 1.38-acre paved and fenced parcel available for lease or purchase, perfect for outside storage or a lay-down yard. Lease rates for office space vary, with options for as-is interior spaces at $12.00 per square foot NNN, or fully renovated spaces at $21.50 per square foot NNN with $100 per square foot tenant improvement allowance. The lab/warehouse space is available for lease at $12.00 per square foot NNN. This exceptional property presents a unique opportunity for businesses seeking a versatile and well-located space in a thriving community. The address is 404 SW 140th Terrace, Newberry, FL 32669.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
BR · Newberry, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.