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Verde Plaza 1349-1565 NW 23rd Ave 123,995 SF 100% Leased Retail Building Gainesville, FL 32605 $23,660,845 CAD ($190.82 CAD/SF) 6.94% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Located 1.7 Miles from the University of Florida Campus.
  • Major Tenants Include: Winn-Dixie, Dollar Tree, Planet Fitness, O2B Kids, Subway, H&R Block and Great Clips.
  • Located 1.5 Miles from University of Florida Hospital Campus and Medical Centers.
  • Total Leasable Area: 129,943 SQFT of high-quality big-box and in-line retail in the heart of Gainesville, FL.

EXECUTIVE SUMMARY

CBRE is pleased to present the exclusive listing for the Verde Plaza located at 1405 NW 23rd Ave, in (Gainesville, FL). The site consists of 129,625 total square feet of building space and sits on 12.23 acres of land. Carrying a mix of national credit grade tenants along with mom & pop private retailers, the plaza carries a wide variety of service based and experiential retailers for its patrons to explore. Anchored by Winn-Dixie, Dollar Tree, Planet Fitness and O2B Kids, the plaza carries significant brand-recognition complimenting the existing retailer mix within the immediate area.
The subject property benefits from being in a strong retail corridor surrounded by national and local tenants, shopping centers and hospitality accommodations. Located on the hard-corner of NW 13th Street and 23rd Ave, the subject property is surrounded with the following major tenants in the immediate area; Lowe’s, Burlington, Ross Dress-For-Less, Five-Below, Hibbett Sports, Rural King as well as many more. This plaza majorly benefits from its proximity to the University of Florida campus (1.7 miles away). Surrounded by dense residential arteries on all fronts, the plaza benefits from the student-housing, private families and tradespeople all located within walking distance of the subject property.

PROPERTY FACTS Under Contract

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
123,995 SF
Building Class
B
Year Built/Renovated
1959/2005
Price
$23,660,845 CAD
Price Per SF
$190.82 CAD
Cap Rate
6.94%
NOI
$1,642,540 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
12.27 AC
Zoning
U8 - Urban Mixed-Use (UMU)
Parking
700 Spaces (5.65 Spaces per 1,000 SF Leased)
Frontage
1,196’ on NW 23rd Ave

AMENITIES

  • Pylon Sign
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • -
  • -
  • -
  • -

No Credit Checks - Flexible Payments - Deals - 24/7 Help!

  • Retailer
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  • -
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At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!

  • Eastern Market
  • Retailer
  • -
  • -
  • -
  • -
  • Services
  • -
  • -
  • -
  • -

Great Clips is a franchised company with many hair salons across the U.S. and Canada. They pride themselves on making it easy for customers to get a great haircut at a great price at a time and place that’s convenient for them. That’s why they are open evenings and weekends. And they have made it easy for customers to make Great Clips their hair salon of choice with their Online Check-In and Clip Notes®. From day one—and throughout the decades they have been in business—Great Clips has created a host of innovations to make it faster, easier, and more convenient for people to get a hair cut. Great Clips, Inc. was established in 1982 in Minneapolis, Minnesota. Today, there are many independently owned Great Clips® salons throughout the United States and Canada, making it the world’s largest salon brand.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

H&R Block, Inc. is a global leader in tax preparation services, founded in 1955 by brothers Henry and Richard Bloch in Kansas City, Missouri. With a mission to make tax filing simple and accessible, H&R Block pioneered the tax preparation industry and has since prepared over 800 million tax returns worldwide. The company operates thousands of retail offices across the U.S., Canada, and Australia, offering in-person, online, and virtual tax solutions. Known for its upfront pricing, expert tax professionals, and commitment to community impact, H&R Block continues to innovate in financial services while helping individuals and small businesses navigate their financial futures.

  • Health Care and Social Assistance
  • -
  • -
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O2B Kids is an Edutainment Company. We offer Preschool education programs for children 0 to 5 years old, Afterschool enrichment programs for elementary school students, and an unprecedented Family Membership Program for all kids 0 to 13 years old. For one all-inclusive price, we provide classes in karate, gymnastics, cheerleading, dance, music, drama, art, science, technology, sports, languages, and more. We also offer Birthday Parties, Homeschool, Parent Night Out, Play Groups, Field Trips, General Admission and unlimited free play in our amazing Play Village & Outdoor Playgrounds! While kids experiment with our rich variety of activities and discover their passions, parents enjoy unrivaled convenience and value. Our magical facilities give a safe neighborhood back to kids and deliver valuable enrichment and character-building opportunities to our future generation.

  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • -

Subway® is simply the better choice for freshly made, convenient, and affordable food. For a reason, they are one of the world’s largest restaurant brands, serving up a crave-able menu with better options to their millions of fans, every day. Whether it’s their bread baked fresh daily, new flavorful signature subs or their classic fan favorites made fresh to order, Subway® delivers a quality, delicious meal that people can feel good about. The Subway® story began in 1965 when Fred DeLuca asked his family friend, Dr. Peter Buck, a nuclear physicist, for advice on how to pay his college tuition. With an idea to open a submarine sandwich shop and an initial investment from Dr. Buck, the two formed a business partnership that would ultimately change the landscape of the quick-service restaurant industry.

  • Swan Nail
  • Services
  • -
  • -
  • -
  • -
  • Retailer
  • -
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  • -
  • -

The Largest Selection of Baby and Newborn Needs Proudly Serving North Central Florida

  • Retailer
  • -
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Founded in 1925, Winn-Dixie grocery and liquor stores serve communities throughout five southeastern states - Alabama, Florida, Georgia, Louisiana and Mississippi. Winn-Dixie Stores, LLC. is a subsidiary of Southeastern Grocers, which is one of the largest supermarket chains based in the Southeast.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance - - - -
Retailer - - - -
Eastern Market Retailer - - - -
Services - - - -
Professional, Scientific, and Technical Services - - - -
Health Care and Social Assistance - - - -
Accommodation and Food Services - - Triple Net -
Swan Nail Services - - - -
Retailer - - - -
Retailer - - - -
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Planet Fitness
Starbucks
PNC Bank
Bank of America
Checkers
CrossFit
Publix
Applebee's
Rent-A-Center
Buddy's Home Furnishings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09009-001-000
Land Assessment
$8,391,613 CAD
Improvements Assessment
$6,077,691 CAD
Total Assessment
$14,469,305 CAD
  • Listing ID: 37232598

  • Date on Market: 2025-08-12

  • Last Updated:

  • Address: 1349-1565 NW 23rd Ave, Gainesville, FL 32605

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