2264 43Rd StGainesville, FL 32605

Property Details for 2264 43Rd St

Year built

2024

Property size (Sq ft)

3,550 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 3,550-square-foot Class A urgent care center in Gainesville, Florida. The property boasts a 100% occupancy rate with a 14.6-year remaining lease term (expiring June 30, 2039) to KidsStreet Urgent Care, a leading pediatric urgent care provider with a corporate guarantee. The triple-net (NNN) lease includes 10% rent bumps every five years throughout the primary term and four 5-year renewal options, ensuring a stable and appreciating income stream. The property's strong financial performance is reflected in its 5.35% cap rate and $130,000 annual net operating income (NOI). Situated at a high-traffic intersection (approximately 46,500 vehicles per day) in Alachua County, the center benefits from excellent visibility and proximity to major retail centers including Publix, The Fresh Market, and Thornebrook Shopping Center, as well as a new Children's Courtyard daycare. The location also enjoys proximity to HCA North Florida Hospital, a 532-bed medical center. With ample parking (100 spaces) and a location within a densely populated area (over 170,000 people within 5 miles), this property offers a compelling investment opportunity in a rapidly growing market. The building was constructed in 2024. The property is located at 2264 NW 43rd St, Gainesville, FL 32605. Asking price is $2,430,000.

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6737

Longitude

-82.389

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