13723 NW US HIGHWAY 441

Investor Alert - Cap Rate is 8.9%. This commercial building is leased for four years with a option for 2 additional years. Per the lease, the tenant, a nationally known corporation, agrees re-imburse the owner for property taxes and building insurance. Tenant is responsible for the maintenance of the building and property. The roof has a corrugated metal roof with solar panels. Any major issues with the solar panels and the roof is the owners responsibility as well as if an AC needs replacement. The lease is available for examination by a serious buyer. This building is located in close proximity with Progress Park and San Falesco Tech City in the growing city of Alachua. The cap rate on the income for the next four years is 8.9%. This property is located along US-441 with 19,600 daily traffic count per the FDOT. Property is zoned CI, Commercial Intensive. The building has a cement ramp for a forklift and has dock height loading at the rear of the building.