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First Watch 3729 SW 40th Blvd 3,900 SF Retail Building Gainesville, FL 32608 $6,397,665 CAD ($1,640.43 CAD/SF) 5.25% Cap Rate
Executive Summary
• Single Tenant NNN Lease – First Watch Café
• Located at Butler Plaza, Gainesville’s #1 Retail Destination
• Located on Archer Road with east access to I-75 and The University of Florida
• Top Performing Location, Store Sales 20% over AUV
See Brochure for more details.
• Located at Butler Plaza, Gainesville’s #1 Retail Destination
• Located on Archer Road with east access to I-75 and The University of Florida
• Top Performing Location, Store Sales 20% over AUV
See Brochure for more details.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,900 SF
Building Class
B
Year Built
2024
Price
$6,397,665 CAD
Price Per SF
$1,640.43 CAD
Cap Rate
5.25%
NOI
$335,703 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.97 AC
Zoning
BUS
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06800-010-001 | Improvements Assessment | $1,273,117 CAD |
| Land Assessment | $1,332,364 CAD | Total Assessment | $2,605,481 CAD |
Property Taxes
Parcel Number
06800-010-001
Land Assessment
$1,332,364 CAD
Improvements Assessment
$1,273,117 CAD
Total Assessment
$2,605,481 CAD
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First Watch | 3729 SW 40th Blvd
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