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3850 Newberry Rd
Gainesville, FL 32607

$4,928,000 USD

Service Station For Sale  •  8,642 SF

Property Details

  • Property Type Service Station
  • Total Building Size 8,642 SF
  • Lot Size 0.8 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning BA
0 Transit Score
67 Walk Score

Highlights

21-Year Absolute NNN Lease
Three Guarantors ($70MM+ Net Worth)
2.00% Annual Increases
28-Unit Operating LLC
185,000+ Population within 5-Miles
Two, 10-Year Options

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Shell 3,010 SF 11/22/2040

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
Gainesville Regional 21 min - 10.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Klinton Lewis 512-630-9758 Embree Capital Markets Group
Klinton Lewis 512-630-9758 Embree Capital Markets Group