4550 NW 6TH Street, Gainesville, FL 32609 (MLS # 420154)

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PRICE $1,500,000 dsIDX morgage calculator
SIZE 9,360 sq ft
LOT SIZE 31,363 sqft

Owner is preparing to retire—his 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%.

DAYS ON MARKET 26 LAST UPDATED 11/15/2018
YEAR BUILT 0 COUNTY Alachua
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central H/C Electric
AIR CONDITIONING Yes
CONSTRUCTION Concrete Block
HEAT Central H/C Electric
INTERIOR Other
LOT 0.72 acre(s)
SEWER City Sewer
UTILITIES Cable,City Sewer,City Water,Electricity,High Speed Internet
WATER City Water
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CONTACT US ABOUT 4550 NW 6TH STREET
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Listed with Coldwell Banker M.M. Parrish Realtors
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