6791-6795 W Newberry Rd - Freestanding FOR SALE


Gainesville, FL 32605- West Gainesville
$2,850,000 USD
949-391-5670
6791-6795 W Newberry Rd, Gainesville, FL for Sale
$2,850,000 USD
Freestanding - FOR SALE
1/4
null | 7% Cap Rate

6791-6795 W Newberry Rd
Gainesville, FL 32605
West Gainesville


HIGHLIGHTS

  • Trade Area Includes Regional Economic Drivers: The Oaks Mall (owned by Brookfield Properties) with 4 million annual visitors
  • High Daytime Traffic Enhancing the Tenants’ Performance and Long-Term Asset Value
  • Internet-Resistant Restaurant Tenants Providing Long-Term Occupancy Stability
  • Strong and Affluent Demographics: 178,620 people with an average household income of $101,348 within a 5-mile radius

OVERVIEW

Long-Term Tenants with Proven Track Record | Below-Market Rents with Upside Potential | Ideal Visibility from I-75 (91,000 VPD) & Newberry Road (52,000 VPD)

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oaks Mall Restaurant Pad | Gainesville, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,813 SF

ZONING

BUS

APN/PARCEL ID

06655-050-001

ASK ABOUT THIS PROPERTY

Ayda KachHanley Investment GroupMore Info
949-391-5670

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Ayda KachHanley Investment GroupMore Info
949-391-5670

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