4000 W Newberry Rd 5,520 SF 64% Leased Retail Building Gainesville, FL 32607 $748,500 ($135.60/SF)
INVESTMENT HIGHLIGHTS
- High Visibility Signage
- Ample Parking
- 32,500 AADT
EXECUTIVE SUMMARY
Bosshardt Realty Services is pleased to present this 5,520 SF retail strip center investment opportunity on Newberry Road in Gainesville, FL. The property consists of five units, with 80% occupancy, including a massage therapy business, a fish store, church, Bistro/shop and a 1,000 SF vacant unit offering a value-add opportunity for investors or owner-users. Positioned along Gainesville’s major shopping corridor, the property benefits from high visibility, a strong medical sector presence, and proximity to I-75 and the University of Florida. Tenants are on gross leases, and third-party management is in place, ensuring smooth operations. With ample parking, a stable local tenant base, and prime frontage on Newberry Road, this property offers a strong investment in a high-demand Gainesville submarket.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,520 SF
Building Class
C
Year Built
1966
Price
$748,500
Price Per SF
$135.60
Percent Leased
64%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.46 AC
Zoning
MU1 - Mixed Use
Parking
65 Spaces (11.78 Spaces per 1,000 SF Leased)
Frontage
62’ on W Newberry Rd
AMENITIES
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Barnes & Dodd LLC
- Public Administration
- -
- -
- -
- -
- Best Asian Massage LLC
- Services
- -
- -
- -
- -
- Exotic Extensions
- Retailer
- -
- $11.10
- Triple Net
- Jan 2018
- Gainesville Fight Shop
- Retailer
- -
- -
- -
- -
- Global MMA Academy
- Health Care and Social Assistance
- -
- -
- -
- -
- Mega Gaming & Comics
- Retailer
- -
- -
- -
- -
- Philippine Express
- Retailer
- -
- -
- -
- -
- Renshinkan Martial Arts Acad
- Educational Services
- -
- -
- -
- -
- Tahanan Filipino Bistro & Shop
- Retailer
- -
- -
- -
- -
- The Redeemed Christian Church Of God Grace And...
- Services
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Barnes & Dodd LLC | Public Administration | - | - | - | - | |
| Best Asian Massage LLC | Services | - | - | - | - | |
| Exotic Extensions | Retailer | - | $11.10 | Triple Net | Jan 2018 | |
| Gainesville Fight Shop | Retailer | - | - | - | - | |
| Global MMA Academy | Health Care and Social Assistance | - | - | - | - | |
| Mega Gaming & Comics | Retailer | - | - | - | - | |
| Philippine Express | Retailer | - | - | - | - | |
| Renshinkan Martial Arts Acad | Educational Services | - | - | - | - | |
| Tahanan Filipino Bistro & Shop | Retailer | - | - | - | - | |
| The Redeemed Christian Church Of God Grace And... | Services | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 1,000 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,000 SF | Retail | - | Now |
1st Floor
| Size |
| 1,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $915,088 | |
| Land Assessment | $386,959 | Total Assessment | $1,302,047 |
