SOLDOffice
Ofer Asor Gainesville Office Asset 81,000 SF $9.3M 1000 Northeast 16th Avenue
1000 Northeast 16th Avenue
$9,300,000
$114/SF
Building Size
81,000 SF
Asset Type
Office
Closing
Jun 15, 2026
AI
This office asset, located at 1000 Northeast 16th Avenue in Gainesville, has been sold for a price of $9,300,000. The property spans 81,000 square feet, resulting in a price per square foot of $114.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $9,300,000
- Sale Date: 06/16/2026
- Seller: Sagi Shaked
- Buyer's Representative: Jessica Felix - The MVMNT Group LLC
- Seller's Representative: Ofer Asor
- Market: Gainesville
- Square Footage: 81,000
- Price Per Square Foot: $114
Ofer Asor represents the seller in this transaction, while Jessica Felix represents the buyer. Contact information for Ofer Asor is 305-333-3087. NOTE: Always ready for the next one.
Players
Gainesville Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93