3515 SW Archer Rd
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3515 SW Archer Rd
3,107 SF Vacant Retail Building Gainesville, FL 32608 $3,500,000 ($1,126/SF) 4.35% Cap Rate
Investment Highlights
- Located in a high traffic area.
- Located near major department stores.
Executive Summary
PRICE REDUCED FROM $6,000,000 TO $3,500,000 = $2,500,000/41.6% REDUCTION
Would you like to Buy 3515 SW Archer Road Gainesville, FL Fee Simple Title Ownership for Sale, Delivered Vacant, Or,
For Sale Pizza Hut 3515 SW Archer Road Gainesville, FL Fee Simple Title Ownership for Sale Long Term Triple Net Lease.
LOCATION, LOCATION, LOCATION: Outparcel site of Kohls anchor department store that is a huge shopping draw.
50,000+/- college students within 1+/- mile of 2,000 acre campus of University of Florida second LARGEST in USA.
TRAFFIC COUNT IS EXCELLENT!!! 49,500 AADT Average Annual Daily Traffic count
Prime out-parcel Location just 2 properties off a busy hard traffic light corner intersection adjacent neighbors between KFC drive-in restaurant and Wachovia Bank, directly across the street from the 99.7% occupied 1,200,000 square foot regional Butler Plaza Mall.
34,848 square feet = .80 acres+/- existing land site now
34,848 sf x 35% FAR =
12,196 square feet is the maximum buildable floor area that can be applied for under the current building zoning code, provided that equivalent parking area were made accessible with turning radius calculations etc."
Would you like to Buy 3515 SW Archer Road Gainesville, FL Fee Simple Title Ownership for Sale, Delivered Vacant, Or,
For Sale Pizza Hut 3515 SW Archer Road Gainesville, FL Fee Simple Title Ownership for Sale Long Term Triple Net Lease.
LOCATION, LOCATION, LOCATION: Outparcel site of Kohls anchor department store that is a huge shopping draw.
50,000+/- college students within 1+/- mile of 2,000 acre campus of University of Florida second LARGEST in USA.
TRAFFIC COUNT IS EXCELLENT!!! 49,500 AADT Average Annual Daily Traffic count
Prime out-parcel Location just 2 properties off a busy hard traffic light corner intersection adjacent neighbors between KFC drive-in restaurant and Wachovia Bank, directly across the street from the 99.7% occupied 1,200,000 square foot regional Butler Plaza Mall.
34,848 square feet = .80 acres+/- existing land site now
34,848 sf x 35% FAR =
12,196 square feet is the maximum buildable floor area that can be applied for under the current building zoning code, provided that equivalent parking area were made accessible with turning radius calculations etc."
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,107 SF
Building Class
C
Year Built
1977
Price
$3,500,000
Price Per SF
$1,126
Cap Rate
4.35%
NOI
$152,415
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.80 AC
Zoning
PUD - TCEA ZONE C
Parking
35 Spaces (11.26 Spaces per 1,000 SF Leased)
Frontage
42 FT on SW Archer Rd
Amenities
- Banking
- Restaurant
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 3,107 SF
- Retail
- -
- Now
Space | Size | Space Use | Position | Available |
1st Floor | 3,107 SF | Retail | - | Now |
1st Floor
Size |
3,107 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (86)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 06812-007-000 | Improvements Assessment | $178,469 |
Land Assessment | $1,219,680 | Total Assessment | $1,398,149 |
PROPERTY TAXES
Parcel Number
06812-007-000
Land Assessment
$1,219,680
Improvements Assessment
$178,469
Total Assessment
$1,398,149
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3515 SW Archer Rd
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