576 23rd Ave Gainesville, FL 32609-3693

This exceptional Gainesville, FL industrial portfolio comprises two buildings totaling 22,085 square feet on a 0.71-acre lot. Strategically located at 576 & 524 NE 23rd Avenue, this property offers a compelling investment opportunity with minimal management demands. The portfolio boasts 100% occupancy with national and international credit tenants secured by long-term leases, providing consistent and reliable income. Recent capital improvements have enhanced the property's value and appeal, including fresh paint, resealed parking lots, upgraded landscaping and lighting. The rear building, occupied by Fastenal, has undergone a significant custom remodel, featuring new lighting, high-efficiency "Big Ass" fans, and other interior updates. The front building (576 NE 23rd Avenue) is also fully updated and benefits from a 10-year net lease with substantial national and international guarantors, and a remaining roof warranty. Both buildings include air-conditioned office spaces, while warehouse areas are unconditioned. The property's proximity to the new Tesla dealership under construction further enhances its long-term growth potential. This is an ideal acquisition for investors seeking a low-maintenance, high-return commercial real estate investment with exceptional tenant stability. The asking price is $3,350,000.