20460 U.S. 441
High Springs, FL
Price:
$5,550,000
Cap Rate:
6.00%
NOI:
$333,000
Building Size:
Approx. 21,930 Sq. Ft.
Lot Size:
Approx. 4.01 Acres
Type:
Single-Tenant / Retail
Sub Category:
Retailer
Year Built:
2023
Investment Overview
- 2023 Construction. 21,930+/- SF Building on 5.01+/- Acre Site
- New 16 Year NNN Lease w/ (4) 5 Year Options to Renew & 5% Rent Increases Every 5 Years
- Excellent Highway Location Directly off of Hwy 41 (4K VPD) in a Rural Community
- Alachua County has 1,662 Farms, Which Accounts for over 54% of the County’s Land Use
- Florida is One of the Fastest Growing States in the US and has a Low Unemployment Rate
- Tractor Supply is the Largest Rural Lifestyle Retailer in the United States
- High Springs | 20 Miles from Gainesville, FL | Population: 339,000+
- See Agent for Marketing Materials