5695 NW 23rd St - Fast Food FOR SALE


Gainesville, FL 32653
$2,000,000 USD
813-387-4700
5695 NW 23rd St, Gainesville, FL for Sale
$2,000,000 USD
Fast Food - FOR SALE
1/9
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5695 NW 23rd St
Gainesville, FL 32653


HIGHLIGHTS

  • Former Popeyes at 5695 NW 23rd Street presents an opportunity to acquire a vacant single-tenant restaurant property positioned on a signalized corner
  • Existing restaurant infrastructure supports immediate occupancy potential.
  • Built in 2021 with modern site improvements and parking.
  • Multiple ingress and egress points enhance site circulation.

OVERVIEW

Former Popeyes at 5695 NW 23rd Street presents an opportunity to acquire a vacant single-tenant restaurant property positioned on a signalized corner in Gainesville, Florida. Constructed in 2021 and situated on approximately 1.59 acres, the property includes an existing restaurant building, dedicated parking, and multiple points of ingress and egress that support efficient customer circulation and operational flexibility. The site benefits from immediate adjacency to Walmart Supercenter and placement within an established commercial corridor serving surrounding residential neighborhoods, government offices, retail centers, and employment hubs. Nearby users include national and regional retailers, service providers, and distribution-related operations. The property's visibility along NW 23rd Street and proximity to US Highway 441 provide convenient regional access and daily exposure to passing traffic. Gainesville's economy is supported by the University of Florida, UF Health, healthcare providers, government employment, and a growing technology sector. The property is located approximately five miles from Downtown Gainesville and the University of Florida campus, placing it within reach of a substantial student, workforce, and residential population base. Nearby Northside Park, public facilities, and surrounding residential development contribute additional activity generators within the trade area. The existing restaurant infrastructure, recent construction, established retail surroundings, and accessible location position the property for owner-users, investors, or operators seeking a well-located retail asset in one of North Central Florida's primary commercial markets.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$1,000 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

MU2

APN/PARCEL ID

06014-032-001

ASK ABOUT THIS PROPERTY

Quinn RyanMarcus & MillichapMore Info
813-387-4700

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Quinn RyanMarcus & MillichapMore Info
813-387-4700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.