Bosshardt Realty is pleased to present a net-leased investment opportunity in Gainesville, FL, consisting of a 7,727 SF commercial property (5,801 SF heated and cooled) along with a 0.11-acre expansion lot. The property is leased to ADT LLC, a nationally recognized tenant that has occupied the site for over 20 years and recently extended its lease through April 2029. The investment generates approximately $130,782 in annual NOI with scheduled rent escalations, under a lease structure where the tenant pays operating expenses and property taxes. With its long-term, creditworthy tenant, proximity to the University of Florida, and future expansion potential, this asset offers a compelling 1031 exchange opportunity with stable cash flow and long-term upside.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.