Description

PLAZA COMERCIAL GAINESVILLE Canopy
Canopy Park500 NW 60th St

10,186 SF. 100% Leased Retail BuildingGainesville, FL. $2,350,000 ($231/SF)6.51% Cap Rate

500 NW 60th St, Gainesville, FL 32607

EXECUTIVE SUMMARY

Retail – 100 % leased – 3 tenants – Two mayor tenants with Net leases

PROPERTY FACTS

Sale Type   Investment

Property Type      Retail

Property Subtype           Storefront Retail/Office

Building Size                 10,186 SF

Building Class               C

Year Built            1986

Price            $2,350,000

Price Per SF         $231

Cap Rate               6.51%

NOI             $153,000

Percent Leased               100%

Tenancy                Multiple

Building Height             1 Story

Building FAR                0.60

Land Acres           0.39 AC

BUS

Parking           75 Spaces (8.31 Spaces per 1,000 SF Leased)

Frontage          144 FT on 60TH