7770 Newberry Rd Gainesville, FL 32606-6724

This exceptional investment opportunity presents a freestanding, 3,713 square foot Moe's Southwest Grill located at 7770 W Newberry Rd, Gainesville, FL 32606 in Alachua County. The property, built in 1992 and renovated in 2002, boasts a 100% occupancy rate under an Absolute NNN lease with 13 years remaining. The current asking price is $2,185,000, translating to a compelling price per square foot of $588.47 and a 6.00% capitalization rate. The property benefits from a strong tenant in Moe's Southwest Grill, a well-established and recognizable brand within the Quick Service Restaurant (QSR) sector. The lease structure includes a rare 2.5% annual rent increase, providing significant long-term growth potential for the investor. This single-building property offers a secure, passive income stream with built-in appreciation. The location in Gainesville, Florida, ensures consistent traffic and customer base for the tenant. This is a turnkey investment ideal for those seeking a stable, high-return asset in a thriving market. The property's strong financials and long-term lease make it an attractive opportunity for discerning investors. The details provided represent a summary and should be verified independently.