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$1,200,000
5 Days On Site

1504 SW 74TH DRIVE
GAINESVILLE, FL 32607

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
6,840
SqFt
$175
/SqFt
2023
Built
County:
Alachua
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1504 SW 74TH DRIVE1504 SW 74TH DRIVE1504 SW 74TH DRIVE1504 SW 74TH DRIVE
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Mortgage Calculator

Monthly Payment (Est.)

$5,475
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Net 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.

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Listing Snapshot
Price 
$1,200,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,840 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
2023
MLS® Number 
GC530697
Status 
Active
Property Tax 
$18,398.32
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Builder
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Acres 
0.08
Foundation 
Slab
Number Of Stories 
1
Property Condition 
New Construction
Property Sub Type 
Retail
SqFt Total 
3379
Stories 
One
Interior Features
Cooling 
Central Air
Heating 
Central
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Exterior Features
Construction Details 
Cement Siding
Road Frontage 
City Street
Community Features
Financing Terms Available 
CashConventional
MLS Area 
32607 - Gainesville
Roads 
Asphalt
Township 
10
Listing courtesy of SWIFT CREEK REALTY & INVESTMENT CORP 3522782627



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

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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