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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1996
Sq.Footage
23,674
Income-producing retail investment located at 618 NW 60th St in Gainesville, Florida. This established, fully leased shopping center is positioned just off Newberry Road, located behind McDonald’s and adjacent to Hobby Lobby, in close proximity to Oaks Mall and the University of Florida. The property benefits from strong traffic counts, excellent surrounding retail, and a highly desirable Northwest Gainesville location. The center features a stable and diversified rent roll with long-standing national and regional tenants including McAlister’s Deli, The HoneyBaked Ham Company, Blackadder Brewing Company, Painting with a Twist, and additional service and food-related users. Tenant longevity and brand recognition contribute to consistent income performance and reduced vacancy risk. Situated on approximately 2.27 acres, the property totals approximately 23,364 square feet of retail space and is 100% occupied at the time of listing. The location offers convenient access to I-75 and is surrounded by major employment drivers and demand generators including North Florida Regional Medical Center, BJ’s Restaurant, Oaks Mall, and numerous retail, dining, and service establishments. This offering presents an opportunity to acquire a stabilized retail asset with in-place cash flow in a strong Gainesville submarket. Well-suited for investors seeking reliable income, long-term tenant stability, and exposure to a high-demand commercial corridor.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete, Stucco
-
Parking
Common
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Landscaped, Near Public Transit, Paved
-
Lot Size(acres)
2.27
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$5,100,000
-
Tax Amount
$74,977.15
-
Sq. Footage
23, 674
-
Price/SqFt
$215
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Ownership
Corporation
-
Sewer
Public Sewer
-
Tax Lot
0
-
Water Source
Public
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Location
County
Alachua
Elementary School
Middle School
High School
Listing Courtesy of Dawn Johnson , FIRST CHOICE REALTY OF NORTH FLORIDA LLC
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Executive Assistant
Emil Garinga
Call Emil today to schedule a private showing.
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