3205 SW 47TH AVENUE at

3205 SW 47TH AVENUE

For sale Days on market 231

$1,997,500

$344/sq ft

$347,500
Price Decreased

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Overview

Year Built

2005

Sqft

5801

Property Type

Office

Property Description

Prime net-leased investment opportunity in Gainesville, FL. This 7,727 SF commercial property (5,801 SF heated & cooled) includes an additional 0.11-acre parcel offering future expansion or value-add potential. Leased to ADT LLC, a national credit tenant in place for over 20 years, with a recently extended lease through April 2029 and built-in annual rent escalations. Tenant pays operating expenses and real estate taxes, providing stable, low-management income. The property serves as ADT’s primary warehouse and office hub for North Florida and South Georgia, reinforcing long-term tenancy. Current NOI is approximately $154,930/year. Offered at $1,997,500 (6.5% cap rate). Strong 1031 exchange opportunity with reliable cash flow and upside potential in a growing market near the University of Florida.

Property Details

MLS#

GC533715

Address

3205 47TH SW

City

Gainesville

State/county

Zip/Postal Code

32608

Area

N/a

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$10,986

Maint Fee

$--

Tax Year

2024

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