5404 Northwest 8th Avenue

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5404 Northwest 8th Avenue

Gainesville, FL 32605
Asking Price
$4.20M
Asset Type
Commercial Retail
Class
Class B

What's Special

~59K TOTAL VPD | 2 POINTS OF INGRESS/EGRESS | PRIME CORNER POSITIONING <p>•<strong style="color: rgba(0, 0, 0, 1)">Dual Access Points</strong><span style="color: rgba(0, 0, 0, 1)">: Two points of ingress/egress provide convenient access and efficient traffic flow</span></p><p>•<strong style="color: rgba(0, 0, 0, 1)">Prime infill location</strong><span style="color: rgba(0, 0, 0, 1)">: Positioned within a dense, established trade area with limited new supply</span></p><p>•<strong style="color: rgba(0, 0, 0, 1)">Ideal for Retail or Medical Use</strong><span style="co

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NOI
$80,000
Cap Rate
1.90%
DSCR
0.32
Underwater
Cash-on-Cash
-13.44%
Monthly Payment
$20,779.308
Annual Cash Flow
$-169,351.701

Location & Travel Times