$1,500,000 SALE
Office Bldg
9,360 SF
4550 NW 6TH Street
Gainesville, FL 32609 usa

Owner is preparing to retirehis loss is your gain! This free standing building is located in NW Gainesville with hard-to-find BA zoning with frontage and signage on NW 6th Street. This building has been leased consistently since 1999, with an average NOI of over $121,000 from 2002-2017. The building is presently in the midst of a large remodel, costing in excess of $325,000 in preparation for a lease that will begin in December 2018 with the United Stated Census Bureau. This remodel will give the building all-new raised acoustic ceiling, all-new carpet, all-new lighting, and completely new paint on the interior and exterior of the building. This property has been leased as a major call center and features substantial IT infrastructure, with both T1 and fiber optic internet, and a dedicated custom-climate controlled server room. The property is also pad-ready for installation of an automatic standby generator. With a projected 2019 NOI of $163,948, this property is aggressively priced for a quick sale with a CAP rate of nearly 11%.

Property Type Office Bldg
Level Number 1
Zoning Yes
Listing ID T6ZHKH
MLS ID 420154
Style Other Style
Building Size 9,360 SF
Property Features
Zoning: Yes
Additional Media Area Demographics