$4,900,000
Pending · 140 days on market · MLS# MFRGC537245
| Living area | 23,674 sq ft |
|---|---|
| Lot size | 2.27 acres |
| Year built | 1996 |
| Property type | Retail |
| Waterfront | Yes |
| Annual taxes | $74,977 |
| County | Alachua |
Under contract-accepting backup offers. 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.
Listing courtesy of Dawn Johnson, FIRST CHOICE REALTY OF NORTH FLORIDA LLC. Presented by MC Homes Realty Inc · 727432218.