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Plaza West - 5-Suite Retail Investment Sale 4000 W Newberry Rd 6,225 SF 100% Leased Retail Building Gainesville, FL 32607 $866,215 CAD ($139.15 CAD/SF)
Investment Highlights
- 100% occupied — five-suite retail strip center with fully stabilized income
- Attractive basis for value-oriented investors at $615,000
- Flexible zoning — MU-1 (City of Gainesville) supports retail, restaurant, service, and institutional uses
- All leases recently renewed — reduced turnover risk, stable in-place cash flow
- Signalized access via NW 39th Road with high-traffic exposure — 33,000 AADT along W Newberry Rd (SR 26)
- Diverse, resilient tenant mix — restaurant, retail, church, and service tenants spread the risk across use types
Executive Summary
investment Opportunity - 5 Suite Retail Property for Sale
Lee & Associates North Florida is pleased to present Plaza West, a fully-leased, five-suite retail investment opportunity at 4000 W Newberry Road in Gainesville, FL. This 6,225 SF strip retail center sits on 0.46 acres directly on W Newberry Road (SR 26), one of Gainesville's busiest corridors, carrying approximately 33,000 vehicles per day.
The property is 100% occupied, and all leases have recently been renewed, giving an investor a stabilized, in-place income stream with a diverse tenant mix — restaurant, retail, church, and personal service. Offered at $615,000, the pricing presents an attractive basis for value-oriented investors seeking durable cash flow in a high-traffic, high-visibility corridor.
Zoned MU-1 by the City of Gainesville, the site supports a wide range of commercial uses. Located minutes from the I-75 interchange and the University of Florida, Plaza West combines full occupancy, recently renewed leases, and a strong long-term location — a rare pairing for an asset at this price point.
Lee & Associates North Florida is pleased to present Plaza West, a fully-leased, five-suite retail investment opportunity at 4000 W Newberry Road in Gainesville, FL. This 6,225 SF strip retail center sits on 0.46 acres directly on W Newberry Road (SR 26), one of Gainesville's busiest corridors, carrying approximately 33,000 vehicles per day.
The property is 100% occupied, and all leases have recently been renewed, giving an investor a stabilized, in-place income stream with a diverse tenant mix — restaurant, retail, church, and personal service. Offered at $615,000, the pricing presents an attractive basis for value-oriented investors seeking durable cash flow in a high-traffic, high-visibility corridor.
Zoned MU-1 by the City of Gainesville, the site supports a wide range of commercial uses. Located minutes from the I-75 interchange and the University of Florida, Plaza West combines full occupancy, recently renewed leases, and a strong long-term location — a rare pairing for an asset at this price point.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,225 SF
Building Class
C
Year Built
1966
Price
$866,215 CAD
Price Per SF
$139.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.46 AC
Zoning
MU1 - Mixed Use
Parking
65 Spaces (10.44 Spaces per 1,000 SF Leased)
Frontage
62’ on W Newberry Rd
Amenities
- Pylon Sign
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Arts, Entertainment, and Recreation
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- Exotic Extensions
- Retailer
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Exotic Extensions | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06503-011-006 | Improvements Assessment | $159,579 CAD |
| Land Assessment | $62,887 CAD | Total Assessment | $222,467 CAD |
Property Taxes
Parcel Number
06503-011-006
Land Assessment
$62,887 CAD
Improvements Assessment
$159,579 CAD
Total Assessment
$222,467 CAD
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Plaza West - 5-Suite Retail Investment Sale | 4000 W Newberry Rd
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