Multi-Tenant Medical Office

Investment Overview

This 15,804± SF multi-tenant professional/medical office building offers an opportunity for an investor or owner-user in Gainesville’s established Newberry Road medical corridor. The property is divided into four suites, with approximately 65% of the rentable space currently occupied, providing existing income with additional leasing or owner-occupancy potential. The 7,900± SF Suite A features a large lobby, optical retail space, lab, reception/work area, 26 private offices or treatment rooms (8 with sinks), an open work area, two additional waiting areas, five restrooms and multiple storage areas. The lower level includes Suite B (2,200± SF), Suite C (3,128± SF) and Suite D (2,387± SF). Each suite has a private entrance and includes reception/waiting space, offices or treatment rooms and restrooms. The building features a newer roof, 12 HVAC units, low-maintenance brick exterior, 111± parking spaces, and on-building and monument signage. Two ground-level entrances provide convenient access to both levels. Located near HCA Florida North Florida Hospital, the property is approximately 0.35 miles from The Oaks Mall, 0.40 miles from I-75 and 3.5 miles from the University of Florida. Newberry Road has traffic counts exceeding 52,000 vehicles per day.

Investment Highlights

• 111+/- parking spaces
• Less than 0.5 miles to I-75 and The Oaks Mall
• Walking distance to North Florida Regional Medical Center