3709 SW 42nd Avenue

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3709 SW 42nd Avenue

gainesville, FL 32608
Asking Rate
Contact for rate
Asset Type
Industrial
Class
Class B

What's Special

3709 SW 42nd Avenue is located in a primary industrial and flex corridor in Southwest Gainesville. The property sits just off Archer Road and SW 34th Street, providing immediate access to the University of Florida campus and UF Health Shands Hospital. The surrounding neighborhood features a mix of light manufacturing, distribution centers, and commercial trade services. Connectivity is a key highlight, as the site is situated less than two miles from Interstate 75, facilitating efficient regional logistics and transport across North Central Florida. This industrial asset is well-suited for businesses requiring a combination of warehouse space and logistical proximity to Gainesville’s economic hubs. Ideal use cases include last-mile delivery services, wholesale distribution, or specialty trade contracting. The location is particularly advantageous for research-linked light manufacturing or medical supply companies seeking to serve the nearby university and healthcare systems. Typical tenants include regional distributors, laboratory support services, and professional trades requiring functional bay depths and high-traffic accessibility.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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