3515 Archer Rd, Gainesville, FL 32608

3,107 SF | Vacant | Retail Building | Gainesville, FL 32608 | $3,500,000 ($1,126/SF) | 4.35% Cap Rate

Date Added:
September 16, 2024
Days on Market:
2 days

Asking Price $3,500,000

Property Type
Retail, Restaurant
Square Feet
3,107 SF
Price / Square Foot
$1,126

Listing Contacts

Andrew Lichtenstein
Andrew Lichtenstein
Verified Profile
  • Property Info

Property Overview

PRICE REDUCED FROM $6,000,000 TO $3,500,000 = $2,500,000/41.6% REDUCTION
Would you like to Buy 3515 SW Archer Road Gainesville, FL Fee Simple Title Ownership for Sale, Delivered Vacant, Or,
For Sale Pizza Hut 3515 SW Archer Road Gainesville, FL Fee Simple Title Ownership for Sale Long Term Triple Net Lease.
LOCATION, LOCATION, LOCATION: Outparcel site of Kohls anchor department store that is a huge shopping draw.
50,000+/- college students within 1+/- mile of 2,000 acre campus of University of Florida second LARGEST in USA.
TRAFFIC COUNT IS EXCELLENT!!! 49,500 AADT Average Annual Daily Traffic count
Prime out-parcel Location just 2 properties off a busy hard traffic light corner intersection adjacent neighbors between KFC drive-in restaurant and Wachovia Bank, directly across the street from the 99.7% occupied 1,200,000 square foot regional Butler Plaza Mall.
34,848 square feet = .80 acres+/- existing land site now
34,848 sf x 35% FAR =
12,196 square feet is the maximum buildable floor area that can be applied for under the current building zoning code, provided that equivalent parking area were made accessible with turning radius calculations etc."

Property Details

Class
C
Year Built
1977
Stories
1
Lot Size (sq. ft)
34,848 SF

Highlights

  • Located in a high traffic area.
  • Located near major department stores.

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