Gainesville Retail for Sale

Date on Market:

2025-12-09

Alachua Retail for Sale

• The tenant just recently signed a brand new 15-year lease with 13 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation • The site will feature a newly constructed, drive-thru equipped building with modern amenities and design • The family-owned and privately held company has 3,354 Chick-Fil-A restaurants in the United States as of October 2025

Property Subtype:

Fast Food

Date on Market:

2025-12-08

Alachua Retail for Sale

• The tenant just recently signed a brand new 15-year lease with 13 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation • The site will feature a newly constructed, drive-thru equipped building with modern amenities and design • The family-owned and privately held company has 3,279 Chick-Fil-A restaurants in the United States as of July 02, 2025

Property Subtype:

Fast Food

Date on Market:

2025-10-07

Alachua Industrial for Sale

OM AVAILABLE UPON REQUEST. We are pleased to present the opportunity to acquire Foundation Park Building II, a newly constructed, Class A, 21,455 square foot light manufacturing and laboratory facility. Boasting an NOI of $1,466,973.10, this impressive structure is 100% leased to Ascend Advanced Therapies, a strong corporate tenant and leading manufacturer in gene therapies, immunotherapies, oncolytics, and vaccines. Ascend’s parent company, which operates internationally, guarantees the lease, as does Beacon Therapeutics (former tenant and additional guarantor). Built to accommodate biotech manufacturing, on-site equipment is extensive and features a BSL2 laboratory, a fume hood, air filtration, a process chiller, autoclave, clean room facilities, and more and recently received significant tenant-funded improvements exceeding $25 million, reflecting a deep operational commitment to the location. The lease commenced on April 1, 2024, with more than 13 years of remaining absolute NNN term and has annual rent increases of 2% through year 9 and 2.5% in years 10-15. Located in Alachua, Florida, which is a growing city for Florida’s research industry, this property is part of the Progress District. Progress District is a mixed-use development that merges established biotech clusters founded in academia with ecotourism, community, and retail to enable more community members who work in the district to live and enjoy recreational activities, entertainment, and great food and beverage without the need for a long commute. The 800-acre research-based community is comprised of 6 sub-districts that meet a variety of needs in the community and achieve the overall vision of a thriving live, work, and play ecosystem rooted in nature. It is home to one of the first bio-business incubators in the U.S. (UF Innovate | Accelerate at Sid Martin Biotech) and a college focused on emerging technology degrees (Santa FE College Perry Center). Other companies within Progress District include Momentum Labs, The Jackson Laboratory, Evergen, Etectrx, Canaery, Axogen, and the National Center for Construction, Education, and Research (NCCER).

Property Subtype:

Manufacturing

Date on Market:

2026-01-12

Gainesville Retail for Sale - Northwest Gainesville

The subject property is a 14,851-square-foot Walgreens located in Gainesville, Florida. Walgreens entered into a 25-year lease in 2008, leaving approximately 8 years remaining on the initial term. This absolute NNN lease ensures zero landlord responsibilities for repairs or capital expenses. Walgreens, a publicly traded company on NASDAQ under the ticker symbol “WBA,” holds a BBB- credit rating from Standard & Poor’s and reported annual revenues exceeding $147 billion in 2024. Strategically positioned at the intersection of NW 43rd Street and 53rd Avenue, the property is directly across from Hunter’s Crossing, an 86,558-square-foot retail center anchored by Publix and Ace Hardware. It also serves as an outparcel to Hunter’s Walk, a 13,200-square-foot retail center housing tenants such as Goodwill, H&R Block, and Campus USA Credit Union. Additionally, Walgreens is situated across from Hunter’s Crossing Place, a 60-bed assisted living facility offering a range of services, including assisted living and respite care. Located just five miles from the University of Florida—ranked as the third-largest public university in the U.S. with over 61,700 students—the property benefits from strong economic and employment drivers. The university, which employs over 30,000 people, is Gainesville’s largest employer and a key contributor to the local economy. The surrounding area is densely populated, with approximately 48,000 residents within a three-mile radius and over 126,000 residents within five miles. This affluent community boasts an average household income exceeding $115,000 within a one-mile radius, with projections indicating an 18% increase over the next five years.

Property Subtype:

Drug Store

Date on Market:

2025-03-10