1504 SW 74TH DRIVEGAINESVILLE, FL 32607
Mortgage Calculator
Monthly Payment (Est.)
$5,475Net Lease Investment Offering. NOI is $79,716, Offered at a 6.64% cap rate. Long term leases in place, with 7+/- years remaining term. Minimal Landlord responsibilities. Tenants responsible for all building expenses excluding maintenance of structural elements, which is anticipated to be minimal due to the age of the structure (2023). Current tenants, Marco's Pizza and Grand Oaks Nail Salon, underscore the property's appeal with stable, experience-driven operators. Located within the thriving Markets West Commercial Park, this multi-tenant site at 1504 SW 74th Drive benefits from excellent visibility just off SW 75th Street (Tower Road)--a key corridor between Newberry and Archer Road--at a bustling roundabout that provides smooth access into the development. Surrounded by high-income neighborhoods and anchored by strong nearby tenants like O2B Kids, HCA Florida, Sherwin Williams, Elliano's Coffee, and Dollar General, the site enjoys consistent local traffic and regional draw. The area features over 13,000 residents within a 1-mile radius and average household incomes above $100,000, makinng it an ideal location for service-oriented retail. Just 2.5 miles from I-75, the site combines easy access with a community-focused setting.
4 days ago | Listing updated with changes from the MLS® | |
5 days ago | Listing first seen on site |

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-05-12 03:24 PM EDT
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.