CVS – 24 Hour Location

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

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Offering Information

1621 SW 13th Street
Gainesville, FL 32608

  • Price: $12,954,920
  • Cap. Rate: 5%
  • NOI: $647,746
  • Building Size: 30,693SF
  • Lot Size: 1.95 AC

Investment Highlights

  • Absolute Net Lease | Zero Landlord Responsibilities
  • 24 Hour Location with Drive Thru
  • Ten (10), Five-Year Options to Renew
  • Corporate Guaranteed Lease
  • Excellent Corner Lot Position next to University of Florida Hospitals
  • Investment Grade Tenant - Standard & Poor’s Credit Rating - “BBB+”
  • Located on a hard corner with excellent Ingress and Egress
  • Just minutes from University of Florida with 45,000 Students and UF Shands Hospital
  • Dense Population Within a 5-Mile Radius Exceeds 138,000 People
  • 2021 One Mile Projected Growth 5.22%
  • Strong Traffic Count of over 28,000 VPD
  • Strong location surrounded by University of Florida campus, the nation’s ninth largest university campus by enrollment, with several hotels and apartment complexes as well as medical centers in the immediate area.