16,842 sqft Flex/Retail Building | Lake City, FL 32025 | Columbia County

Highlights:

• 16,842 SF Flex/Retail Building – Single-story building on 0.60 acres with 16,842 rentable SF.
• Prime Lake City Location – Frontage on US Highway 41 (±19,600 average annual daily traffic), minutes from I-75 & US-90, surrounded by national retailers.
• Versatile CG Zoning – Allows retail, office, medical, QSR/restaurant, automotive, lodging, flex, community center, and more.
• Income in Place – Nonprofit tenant paying $5,250/month; Current NOI: $47,077.67/year.
• Value-Add Potential – Projected NOI: $185,262/year with significant upside from below-market rents or repositioning.
• Well-Maintained Property – Roof replaced ~12 years ago, inspected within the last 2 years; full utilities connected.
• Onsite Parking & Accessibility – ADA compliant with dedicated parking for tenants and visitors.
• No Flood Zone – Lower insurance costs and reduced regulatory risk.

Description:

Flex/Retail Building Opportunity – Lake City

Property Overview

A freestanding retail/flex property on a 0.60-acre lot with a ~16,842 rentable sqft
A very spatial layout with strong lease-up potential
AADT (Average Daily Traffic) of ~19,600
Zoned CG which makes it suitable for various uses like retail, office, medical, QSR/restaurant, automotive, lodging, flex, community center, etc.

Current Gross Rent: $5,250/month
Current NOI: $47,077.67
Potential Gross Rent: $17,298.14/month
Potential NOI: $185,262
Rentable Sqft: 16,842


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Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.

We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.

All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.