3330 SW Archer Rd - Service Station FOR SALE


Gainesville, FL 32608
$2,747,000 USD
973-632-1386
3330 SW Archer Rd, Gainesville, FL for Sale
$2,747,000 USD
Service Station - FOR SALE
1/9
null | 6.25% Cap Rate

3330 SW Archer Rd
Gainesville, FL 32608


HIGHLIGHTS

  • 16+ Years Remaining | Scheduled Annual Increases | Options to Extend | Personal & Franchisee Guaranty
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Special Tax Advantages | Bonus Depreciation
  • Butler Center (10.5M+ Annual Visitors) | 2M+ SF over 267 Acres | #4 Most Visited Super-Regional Mall in the U.S.A.
  • Signalized, Hard Corner Intersection (107,000+ VPD) | Recently Renovated | Excellent Visibility & Access
  • Less than 2-Miles from University of Florida (60,000+ Students) | Dense Residential Corridor

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, recently renovated, Shell Gas Station and Car Wash investment property located in Gainesville, Florida. The tenant has over 16 years remaining on its lease with 2 (10-year) option periods to extend. The lease features 2% annual rental increases throughout the initial term and option periods, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor in a state with no state income tax.

FOR SALE DETAILS

PRICE

$2,747,000 USD

PRICE/SF

$5,572 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shell | 16+yrs Remain Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

BUS

APN/PARCEL ID

06784-003-000

ASK ABOUT THIS PROPERTY

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.