GAINESVILLE, FL 32607 1504 SW 74TH DRIVE

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Presented By: SWIFT CREEK REALTY & INVESTMENT CORP with 386-496-0499. - 386-496-0499
  • MLS# GC530697
  • 05/07/2025
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  • SQFT • 6,840

Home Details

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.
Presented By: SWIFT CREEK REALTY & INVESTMENT CORP with 386-496-0499. - 386-496-0499

Interior Features for 1504 SW 74TH DRIVE

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories1

General for 1504 SW 74TH DRIVE

Additional Parcels Y/NNo
Building Area Unitssquare feet
Citygainesville
Construction Materialscement siding
Coolingcentral air
Countyalachua
Directionsfrom the intersection of newberry road nw 43rd street, proceed west on newberry road to sw 75th street (tower road). turn left onto tower road and proceed 1.43 miles to markets west. the property wi
DockY/NNo
Flood Zone Codex
Flood Zone Code XY
HOANo
Heatingcentral
Legal Descriptionllilo
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet3485
Lot Size Unitssquare feet
MLS Area32607 - gainesville
ModificationTimestamp2025-05-08t18:47:43.397z
New ConstructionYes
Ownershipcorporation
Property Conditioncompleted
Property Subtyperetail
Property Typecommercial sale
Standard Statusactive
Statusactive
Subdivision Namen/a
Tax Annual Amount18398.32
Tax Lotna
Tax Year2024
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built2023

Exterior for 1504 SW 74TH DRIVE

Building Area Total3379
Foundation Detailsslab
Lot Size Acres0.08
Lot Size Area3485
Number of Buildings1
Road Frontage Typecity street
Road Surface Typeasphalt

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $1,200,000
MLS#GC530697
List Date 05/07/2025
Property Type Commercial
Phone 518.569.7173
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