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Box Development Opportunity | Gainesville, FL 6711 W Newberry Rd 40,000 SF 100% Leased Retail Building Gainesville, FL 32605 $5,470,800 CAD ($136.77 CAD/SF)
Investment Highlights
- Flexible U8 Zoning Allows for a Mix of Residential, Commercial, Mixed-Use Development and Self Storage
- Available Highway Signage off I-75
- Former Toys R’ Us Box with 25-Foot Ceilings, Dock Height Truck Well and Interior Mezzanine
- Located Directly Across From The Oaks Mall, Gainesville’s Largest Shopping Mall
Executive Summary
±40,000 SF Box Redevelopment Opportunity | ±1.72 AC Parcel with Access to Ample Parking Spaces | Ideal Visibility from I-75 (91,000 VPD) & Newberry Rd (52,000 VPD)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
40,000 SF
Building Class
C
Year Built
1984
Price
$5,470,800 CAD
Price Per SF
$136.77 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.46
Lot Size
2.00 AC
Zoning
BUS - Building is zoned for Urban Mixed Use (U8) permiting mini warehouse/storage use or future mixed use redevelopement.
Parking
33 Spaces (0.82 Spaces per 1,000 SF Leased)
Amenities
- Mezzanine
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06655-050-004 | Improvements Assessment | $1,855,265 CAD |
| Land Assessment | $395,168 CAD | Total Assessment | $2,250,433 CAD |
Property Taxes
Parcel Number
06655-050-004
Land Assessment
$395,168 CAD
Improvements Assessment
$1,855,265 CAD
Total Assessment
$2,250,433 CAD
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Box Development Opportunity | Gainesville, FL | 6711 W Newberry Rd
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