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Storefront Retail Office For Sale • 5,520 SF
| Fully leased 5,520 SF retail strip on W Newberry Road with stable cash flow and major value-add upside. |
| Weighted average in-place rent of just $14.12/SF offers a substantial mark-to-market opportunity compared to nearby retail centers. |
| Prime 0.45-acre parcel with desirable MU-1 zoning allowing flexible future use, repositioning, or redevelopment. |
| Direct access and strong frontage on one of Gainesville’s highest-traffic retail corridors. |
| Located just 2 miles from the University of Florida and minutes from major anchors including The Oaks Mall and Butler Plaza. |
| Surrounded by dense residential rooftops, medical hubs, and top national retailers driving consistent year-round demand. |
| Cap Rate: | 7.42 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Barnes & Dodd LLC | ||
| Best Asian Massage LLC | ||
| Exotic Extensions | 1/31/2018 | |
| Gainesville Fight Shop | ||
| Global MMA Academy | ||
| Mega Gaming & Comics | ||
| Philippine Express | ||
| Renshinkan Martial Arts Acad | ||
| Tahanan Filipino Bistro & Shop | ||
| The Redeemed Christian Church Of God Grace And... |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Gainesville Regional | 22 min | - | 10.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 65 |
| Type: | Surface |
| Included in Rent: | Yes |
Teresa Callen
Portal Realty
Teresa Callen
Portal Realty