GAINESVILLE, FL 32607

Property

Ownership: Corporation
Type: Retail
Lot Size: 2.3 Acres

Financials

Price:$4,900,000
Annual Taxes:$74,977.15
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of FIRST CHOICE REALTY OF NORTH FLORIDA LLC

Income producing retail investment located at 618 NW 60th St in Gainesville, Florida.

Description

Income-producing retail investment located at 618 NW 60th St in Gainesville, Florida. This established, fully leased shopping center is positioned just off Newberry Road, located behind McDonald’s and adjacent to Hobby Lobby, in close proximity to Oaks Mall and the University of Florida. The property benefits from strong traffic counts, excellent surrounding retail, and a highly desirable Northwest Gainesville location. The center features a stable and diversified rent roll with long-standing national and regional tenants including McAlister’s Deli, The HoneyBaked Ham Company, Blackadder Brewing Company, Painting with a Twist, and additional service and food-related users. Tenant longevity and brand recognition contribute to consistent income performance and reduced vacancy risk. Situated on approximately 2.27 acres, the property totals approximately 23,364 square feet of retail space and is 100% occupied at the time of listing. The location offers convenient access to I-75 and is surrounded by major employment drivers and demand generators including North Florida Regional Medical Center, BJ’s Restaurant, Oaks Mall, and numerous retail, dining, and service establishments. This offering presents an opportunity to acquire a stabilized retail asset with in-place cash flow in a strong Gainesville submarket. Well-suited for investors seeking reliable income, long-term tenant stability, and exposure to a high-demand commercial corridor.

Amenities

  • Bathrooms
  • Bb Hs Internet Capable
  • Central Business District
  • Columns
  • Common Lighting
  • Display Window(S)
  • Dumpsters
  • Fire Alarm
  • Landscaped
  • Near Public Transit
  • Paved
  • Public
  • Shopping Center
  • Sidewalk
  • Smoke Detectors
  • Street Lights
  • Underground Utilities
  • Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.