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105 NW 75th St, Gainesville, FL, 32607

Tower Road Professional Center
$1,436,983

Key Information

Cap Rate
7.25%
$ per SF
$240
Tot. SF
5,970
Units
3
Year Built
1997
Term Remaining
±2.46 Years
Type
Healthcare
Occupancy
100%
NOI
$104,181

Highlights

  • Low Basis Medical Investment: The property offers investors an attractive basis relative to replacement cost and newer medical product throughout Florida, providing long term downside protection and future leasing flexibility.
  • Replaceable Rents: Current rental rates remain below market relative to comparable medical space in the corridor, supporting tenant retention and reducing relocation risk while still providing future upside through renewals and rent growth over time.
  • Flexible Usages: The suite sizes are highly functional and easily releasable compared to larger medical buildings, helping widen the future tenant pool and reduce downtime risk if space ever becomes available.
  • Established Medical Buildout: The property has operated as a medical and healthcare focused asset for years and includes existing infrastructure and layouts that would be costly and time consuming for future tenants to replicate elsewhere.

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Location

Agents

Broker of Record

Kyle Matthews

License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203