4000 W Newberry Rd - Storefront Retail/Office FOR SALE
Gainesville, FL 32607 |
4000 W Newberry Rd
Gainesville, FL 32607
HIGHLIGHTS
- 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.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Price Cut! - Value-Add Retail off Newberry Rd
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
5520
STORIES
1
YEAR BUILT
1966
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
06503-011-006
