14209 NW 119th Terrace

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14209 NW 119th Terrace

Alachua, FL 32615
Asking Price
$20.96M
Asset Type
Retail
Class
Class B

What's Special

14209 NW 119th Terrace is situated in Alachua, Florida, within a developing commercial corridor characterized by a mix of retail centers and professional services. The property is located near the intersection of US Highway 441 and NW 143rd Street, providing streamlined connectivity to both High Springs and Gainesville. Neighbors include established national retailers, grocery chains, and casual dining options. This location benefits from regional traffic flows and proximity to local residential subdivisions, making it easily accessible for commuters and area residents alike. The site is suited for retail operations such as specialty boutiques, service-oriented businesses, or satellite storefronts for regional brands. Its layout and positioning cater to tenants seeking visibility in a growing submarket with a steady consumer base. Potential occupants typically include professional service providers, health and wellness studios, or small-scale general merchandise retailers. The property offers a functional environment for businesses requiring a blend of local accessibility and a professional neighborhood presence.

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NOI
$80,000
Cap Rate
0.38%
DSCR
0.06
Underwater
Cash-on-Cash
-18.52%
Monthly Payment
$103,682.609
Annual Cash Flow
$-1,164,191.309

Location & Travel Times