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|
|Building Size||9,360 SF|