Commercial Real Estate in Reddick available for sale
Reddick NNN Properties For Sale

NNN Properties for Sale within 50 kilometers of Reddick, FL, USA

More details for 1120 W University Ave, Gainesville, FL - Retail for Sale

1120 W University Ave

Gainesville, FL 32601

  • NNN Property
  • Retail for Sale
  • $5,705,059 CAD
  • 3,725 SF

Gainesville Retail for Sale - Midtown Gainesville

RIPCO Real Estate is pleased to offer for sale 1120 W University Avenue, a 3,725 SF in-line retail building occupied by a Jungle Boys cannabis dispensary two blocks east of the University of Florida campus in Gainesville, Florida. The absolute NNN lease carries no Landlord responsibilities, including roof, structure and HVAC, and runs through August 2032, leaving roughly six years remaining under a guaranty from Green Ops Ocala LLC, an affiliate of the tenant. Rent grows 2% annually through the term and every option period, and three renewal options can extend tenancy to 2047. Jungle Boys operates 15 approved dispensing locations in Florida, its largest market, and is one of just 28 licensedmedical marijuana treatment centers in the state. The tenant took possession in February 2022 and rebuilt the building at its sole cost before opening, installing a new TPO roof, three rooftop HVAC units, new storefront glazing and a 400-amp electrical service, leaving no scheduled capital for a new owner. West University Avenue is the primary retail corridor serving the University of Florida, which enrolls 63,148 students and employs 33,516 people, with UF Health Shands and its 1,145-bed academic medical campus just south. Hub on Campus and Sweetwater, two student high-rises delivering more than 900 beds, front the south side of the street, and the Gainesville Innovation District, a University of Florida partnership, sits two blocks southeast. The corridor carries 16,300 AADT at the site, with a 3-mile population of 95,408 and an average household income of $68,458. The asset would be an attractive opportunity for an investor seeking absolute NNN income with 2% annual rent growth in a walkable university trade area.

Contact:

RIPCO Real Estate

Property Subtype:

Restaurant

Date on Market:

2026-08-27

Hide
See More
More details for 9268 SE Maricamp Rd, Ocala, FL - Retail for Sale

Curaleaf - Ocala FL - 9268 SE Maricamp Rd

Ocala, FL 34472

  • NNN Property
  • Retail for Sale
  • $3,259,814 CAD
  • 4,621 SF
See More
More details for 630 W Noble Ave, Williston, FL - Retail for Sale

Wawa - Gainesville (Williston) FL - 630 W Noble Ave

Williston, FL 32696

  • NNN Property
  • Retail for Sale
  • $7,322,771 CAD
  • 6,119 SF
See More
More details for 11300 N 95th Cir, Ocala, FL - Retail for Sale

11300 N 95th Cir

Ocala, FL 34481

  • NNN Property
  • Retail for Sale
  • $5,313,525 CAD
  • 5,506 SF
See More
More details for 7496 SW 13th Rd, Gainesville, FL - Specialty for Sale

Whistle Express - 7496 SW 13th Rd

Gainesville, FL 32607

  • NNN Property
  • Specialty for Sale
  • $9,316,454 CAD
  • 1,620 SF
See More
More details for 4344 SW Archer Rd, Gainesville, FL - Retail for Sale

Starbucks - Gainesville FL - 4344 SW Archer Rd

Gainesville, FL 32608

  • NNN Property
  • Retail for Sale
  • $4,615,986 CAD
  • 2,500 SF
See More
More details for 7605 W Newberry Rd, Gainesville, FL - Retail for Sale

Dunkin' - Gainesville FL - 7605 W Newberry Rd

Gainesville, FL 32606

  • NNN Property
  • Retail for Sale
  • $1,834,166 CAD
  • 2,692 SF
See More

NNN Properties For Sale

NNN Properties

Looking to lease a NNN Property? View NNN Properties for lease