Description
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.
-
0BEDS
-
1.19ACRES
-
0BATHS
-
01/2 BATHS
-
4,533SQFT
-
$0$/SQFT
School Ratings & Info
Description
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.
© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-03-29T08:42:45.977.
