$2,350,000

3838 NW 13th Street

Gainesville FL, 32609

Description

Here's a great opportunity to acquire a NNN Wells Fargo investment at the southwest hard corner outparcel to a Publix shopping center. The northwest corner of the intersection has a CVS, the northeast corner a Walgreens, and the southeast corner is a Shell Gas Station. The property fronts NW 13th Street. The cross street is NW 39th Avenue. There are over 55,000 trips at the intersection. The property is walking distance to several restaurants, offices, retail, and shopping. This has been a bank building since 1972. In May of 2019, Wells Fargo exercised their renewal option for an additional 5 years through January of 2025 and have another 5 year renewal option after that. Wells Fargo pays all property taxes, insurance, and common area maintenance for the property. All improvements do revert back to the real estate owner upon expiration of the lease. This branch is rated an A performer internally by Wells Fargo. All buyers must sign a confidentiality agreement.

Details

MLS#432761
Listing TypeFor Sale
TypeIndustrial
Sub-TypeResale
StatusActive
Days On Site33

Features

SQ Feet6,514
Story(s)1

Market Activity 32609

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Area Information

StateFL
CountyAlachua
CityGainesville
Zip Code32609
AreaAlachua
Listing VS Median (in 32609)
Price:
$2,350,000
low | high
Med:
$70,000
100% of Average
SqFt:
6,514
low | high
Med:
0
100% of Average
$ / SqFt:
$361
low | high
Med:
$0
100% of Average
On Site:
33
low | high
Med:
340
9.705882352941% of Average
Listing Updated: 04/04/2020
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