Investment Neighborhood Shopping Plaza
7100 W. University Avenue, Gainesville, Florida 32607
Sold: $1,480,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
10,000 sqft
Land Size
1.24 acres
Zoning
01601 - SH CTR NBHD
Parking
39
Property Description
Francisco Jaramillo, CCIM of KW Commercial is pleased to exclusively present this investment property at an attractive cap rate. At 100% occupancy, the property is ready for new owner to collect cashflow from day 1. The property consists of three tenants totaling 10k sf of retail space on ~1.24 acres of land. New roof and some new air conditioning units are in place.
PROPERTY HIGHLIGHTS
- 100% Occupancy
- 15 Min Drive Population: 127,504
- 10 Min Drive Average Household Income: $78,790
- New roof
- Some new ACs
- Close to highway
