1349-1565 NW 23rd Ave - Storefront FOR SALE


Gainesville, FL 32605- Northwest Gainesville
$16,950,000 USD
631-903-7137
1349-1565 NW 23rd Ave, Gainesville, FL for Sale
$16,950,000 USD
Storefront - FOR SALE
1/6
null | 6.94% Cap Rate

1349-1565 NW 23rd Ave
Gainesville, FL 32605
Northwest Gainesville


HIGHLIGHTS

  • Located 1.7 Miles from the University of Florida Campus.
  • Located 1.5 Miles from University of Florida Hospital Campus and Medical Centers.
  • Major Tenants Include: Winn-Dixie, Dollar Tree, Planet Fitness, O2B Kids, Subway, H&R Block and Great Clips.
  • Total Leasable Area: 129,943 SQFT of high-quality big-box and in-line retail in the heart of Gainesville, FL.

OVERVIEW

CBRE is pleased to present the exclusive listing for the Verde Plaza located at 1405 NW 23rd Ave, in (Gainesville, FL). The site consists of 129,625 total square feet of building space and sits on 12.23 acres of land. Carrying a mix of national credit grade tenants along with mom & pop private retailers, the plaza carries a wide variety of service based and experiential retailers for its patrons to explore. Anchored by Winn-Dixie, Dollar Tree, Planet Fitness and O2B Kids, the plaza carries significant brand-recognition complimenting the existing retailer mix within the immediate area. The subject property benefits from being in a strong retail corridor surrounded by national and local tenants, shopping centers and hospitality accommodations. Located on the hard-corner of NW 13th Street and 23rd Ave, the subject property is surrounded with the following major tenants in the immediate area; Lowe’s, Burlington, Ross Dress-For-Less, Five-Below, Hibbett Sports, Rural King as well as many more. This plaza majorly benefits from its proximity to the University of Florida campus (1.7 miles away). Surrounded by dense residential arteries on all fronts, the plaza benefits from the student-housing, private families and tradespeople all located within walking distance of the subject property.

FOR SALE DETAILS

PRICE

$16,950,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

6.94%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verde Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Restaurant, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

700

LAND DETAILS

LAND ACRES

12.27 AC

LAND SF

534,481 SF

ZONING

U8

APN/PARCEL ID

09009-001-000

ASK ABOUT THIS PROPERTY

631-903-7137

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631-903-7137

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