Commercial property in Gainesville, Florida 538.93 sq.m. № 1913706

Property description

Prime net-leased investment opportunity in Gainesville, FL. This 7,727 SF commercial property (5,801 SF heated & cooled) includes an additional 0.11-acre parcel offering future expansion or value-add potential. Leased to ADT LLC, a national credit tenant in place for over 20 years, with a recently extended lease through April 2029 and built-in annual rent escalations. Tenant pays operating expenses and real estate taxes, providing stable, low-management income. The property serves as ADT’s primary warehouse and office hub for North Florida and South Georgia, reinforcing long-term tenancy. Current NOI is approximately $154,930/year. Offered at $1,997,500 (6.5% cap rate). Strong 1031 exchange opportunity with reliable cash flow and upside potential in a growing market near the University of Florida.