352-420-9889
7241-7341 NW 4th Blvd, Gainesville, FL for Sale
Retail - FOR SALE
1/13
null | Request Cap Rate

7241-7341 NW 4th Blvd
Gainesville, FL 32607
West Gainesville


HIGHLIGHTS

  • Investment opportunity of fully leased 3 building-shopping plaza with 79,678± SF of retail space on 28.45± acres
  • Great location with easy access to I-75
  • Building C has Tower Road frontage with excellent visibility
  • Includes outparcel for future expansion able to accommodate a 30,000± SF building
  • Access via signalized intersection for easy ingress/egress
  • Monument signage, flip signage and on-building signage, 447± parking spaces

OVERVIEW

Tower Center Shopping Plaza presents an exceptional investment opportunity in a high-growth Gainesville corridor with stable tenancy, strong cash flow, and long-term development potential. Investment Opportunity - 3 building Shopping Plaza for Sale with 79,678± SF of retail space. Tower Center Shopping Plaza presents an exceptional investment opportunity in a high-growth Gainesville corridor with stable tenancy, strong cash flow, and long-term development potential. Tower Center Shopping Plaza is a premier 28.45-acre commercial property strategically located just off Tower Road in Gainesville, Florida. This dynamic retail destination comprises three well-maintained parcels featuring a total of three buildings and is 100% leased, offering immediate in-place income and long-term upside potential. The site is accessed via a signalized intersection, ensuring smooth ingress and egress, and is ideally positioned with easy access to I-75, Gainesville’s primary interstate thoroughfare. The plaza offers ample parking, with more than 400 spaces serving Buildings A and B, and an additional 47 dedicated spaces for Building C. Building A, the centerpiece of the plaza, is a 66,803± SF strip center anchored by national wholesaler Restaurant Depot. The building includes 15 tenant spaces, creating a diverse and synergistic tenant mix that draws consistent customer traffic. Building B, constructed in 2020, spans 6,300± SF and is home to three tenants. Spaces boast full showroom windows and convenient parking for customers. Building C, delivered in 2022, offers 7,000± SF of space occupied by three tenants. With high visibility and direct frontage on Tower Road—a major north-south corridor with an average daily traffic count (AADT) of 21,000±—this building benefits from strong exposure with both monument and on-building signage. The site is accessed via a signalized intersection, ensuring smooth ingress and egress, and is ideally positioned with easy access to I-75, Gainesville’s primary interstate thoroughfare. The plaza offers ample parking with over 400 spaces serving Buildings A and B, and an additional 47 dedicated spaces for Building C. Additional income streams include: Revenue from flip signage Billboard income from I-75 exposure CAM-generated revenue through shared water retention usage. An outparcel is in place for future development of a 30,000± SF building, offering significant upside for expansion or redevelopment. Tower Center Shopping Plaza presents an exceptional investment opportunity in a high-growth Gainesville corridor with stable tenancy, strong cash flow, and long-term development potential.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tower Center Shopping Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

300

LAND DETAILS

CROSS STREETS

SWC I-75 & Newberry Rd.

LAND ACRES

11.98 AC

LAND SF

521,849 SF

ZONING

BUS

APN/PARCEL ID

06654-003-000

ASK ABOUT THIS PROPERTY

Daniel DrotosColliersMore Info
352-420-9889

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

Daniel DrotosColliersMore Info
352-420-9889

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