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4141 NW 37th Pl

8,000 SF Office Building Gainesville, FL 32606 $1,250,000 ($156/SF) 5.13% Cap Rate

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Executive Summary

Beautiful 8,000 SF Brick & Stucco in popular Metro Corp Center. Two suites combined that already can be split. This is ideal investment for Investor or Buyer that would want be a user down the road. Currently leased to a "blue chip tenant" to 04/2024,tenant has one 3 year option remaining. New roof in 2017, tenant has made significant interior improvements, and exterior was painted in 2018. A truly fantastic building in great NW 39th Avenue and Millhopper area location. Call the LA for appointment to show at almost anytime. Proforma and Suite break down information available in attachment. One of the finer office buildings in Gainesville with excellent location, too! Principles only, No brokers.

PROFORMA

Property Facts

Sale Type

Investment

Property Type

Office

Building Size

8,000 SF

Building Class

Year Built

1994

Price

$1,250,000

Price Per SF

$156

Cap Rate

5.13%

NOI

$64,080

Tenancy

Single

Building Height

1 Story

Typical Floor Size

8,000 SF

Building FAR

0.86

Lot Size

0.21 AC

Zoning

Parking

30 Spaces (3.65 Spaces per 1,000 SF Leased)

Amenities

Kitchen
Storage Space

Central Heating
High Ceilings

Wi-Fi

Air Conditioning

About 4141 NW 37th Pl , Gainesville, FL 32606

Beautiful 8,000 SF Brick & Stucco in popular Metro Corp Center. Two suites combined that already can be split. This is ideal investment for Investor or Buyer that would want be a user down the road. Currently leased to a "blue chip tenant" to 04/2024, tenant has one 3 year option remaining. New roof in 2017, tenant has made significant interior improvements, and exterior was painted in 2018. A truly fantastic building in great NW 39th Avenue and Millhopper area location. Call the LA for appointment to show at almost anytime. Proforma and Suite break down information available in attachment. One of the finer office buildings in Gainesville with excellent location, too! Principles only, No brokers.

Real Estate
99,999 SF
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Berkshire Hathaway HomeServices is a real estate brokerage franchise network designed for today’s real estate market. Their brand is proud to serve everyone, from first-time home buyers to clients looking for a new, perfect home. When clients work with them, they can always expect network members who are down-to-earth, local experts focused on providing clients with the very best in service, skills and support.