7515 W UNIVERSITY AVENUE
Gainesville, FL 32607

$1,955,000

Class A office/retail building located in the heart of growing West Gainesville. This two story professional office has excellent exposure along W University Avenue and the very busy Tower Road/75th Street. Property has quick access to I-75, prominent retailers and medical facilities. Investment activity has remained consistent in Gainesville and professional and business services is a bright spot for the market. Job growth in the sector leading up to the economic downturn had been more than twice the national average. This growth is likely due to the local educational institutions which have propped up educational attainment. The unemployment rate in Gainesville never eclipsed the national rate, and it remains lower than the national index. Property is located in Tower Hill Park, 14,282sf: 7,660sf first floor, 6,622sf second floor, 2,120sf canopy with five drive-through lanes. YB 2000, 1.53 acres, corner lot, Zoned PD, AADT 19,700 cars per day (FDOT 2022), 62 parking spaces, 268' frontage on W. University Ave. and 250' on NW 75th St., former multi-tenant bank building.

Basic Information
MLS#: 635081
Price: $1,955,000
Square Footage: 14282
Price / Square Foot: $136.89
Acreage: 1.53
Property Type: Commercial
Year Built: 2000
Details
HVAC: Central Air
Virtual Tour: Click here
Listing Courtesy Of: NAI HERITAGE, LLC - 352-482-0777

by Savvy & Company LLC