7515 SW 24TH AVENUE
Gainesville, FL 32607

$4,533
Subdivision: Tower24

The Millennium Bank at the corner of 7515 SW 24th Avenue and SW Tower Road offers a prime opportunity for discerning investors who understand the value of quality long-term NNN leases. Solid income opportunities are the name of the game in the commercial real estate market, and this asset delivers a quality asset and solid income. Millennium Bank is offering a sale / leaseback arrangement for investors with a $27.50NNN lease on the ground floor space, offering a CAP rate approaching 4% with the bank lease alone. The top floor can be leased either as a single office space or as individual executive offices, an option that has proven exceedingly popular in recent offerings. With rapid access to Haile Plantation, Oakmont, and the strongest growth areas in the greater Gainesville Metro area, this listing offers it all.

Basic Information
MLS#: 501274
Price: $4,533
Square Footage: 4533
Price / Square Foot: $1.00
Acreage: 1.19
Property Type: Commercial
Year Built: 2007
Details
HVAC: Central Air
Virtual Tour: Click here
Listing Courtesy Of: COLDWELL BANKER M.M. PARRISH, REALTORS

by Savvy & Company LLC