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4145 NW 53rd Ave
Gainesville, FL 32653 Northwest Gainesville

Price Upon Request

Drugstore For Sale  •  13,528 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,528 SF
  • Lot Size 0.8 AC
  • Building Class C
  • Year Built 2009
  • Tenancy Single
  • Zoning MU1
0 Transit Score
54 Walk Score

Highlights

This CVS lease has over 9 years guaranteed lease term before the tenant’s next option to renew.
The current lease runs through November 30, 2034, with a two-year rent holiday period at the end of the primary term.
Located in a high-income trade area with the average household income exceeding $102,000 within a 1 and 3-mile radius.
The lease includes ten (5-year) renewal options, with 5% rental increases at the first and second option and a 10.29% increase in 2029.
The property is positioned adjacent to HCA Florida Millhopper Emergency Center with several other medical facilities in the immediate surrounding area
CVS is positioned on a signalized corner surrounded by numerous complementary retail tenants, including the Hunters Crossing shopping center.

Amenities

  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Gainesville Regional 20 min - 8.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
Type: Surface
Included in Rent: Yes