Income-producing retail investment located at 618 NW 60th St in Gainesville, Florida. This established, fully leased shopping center is positioned just off Newberry Road, located behind McDonald’s and adjacent to Hobby Lobby, in close proximity to Oaks Mall and the University of Florida. The property benefits from strong traffic counts, excellent surrounding retail, and a highly desirable Northwest Gainesville location.
The center features a stable and diversified rent roll with long-standing national and regional tenants including McAlister’s Deli, The HoneyBaked Ham Company, Blackadder Brewing Company, Painting with a Twist, and additional service and food-related users. Tenant longevity and brand recognition contribute to consistent income performance and reduced vacancy risk.
Situated on approximately 2.27 acres, the property totals approximately 23,364 square feet of retail space and is 100% occupied at the time of listing. The location offers convenient access to I-75 and is surrounded by major employment drivers and demand generators including North Florida Regional Medical Center, BJ’s Restaurant, Oaks Mall, and numerous retail, dining, and service establishments.
This offering presents an opportunity to acquire a stabilized retail asset with in-place cash flow in a strong Gainesville submarket. Well-suited for investors seeking reliable income, long-term tenant stability, and exposure to a high-demand commercial corridor.
23,674 Sq Ft
2.27 Private Acres Lot Size
Commercial
$74,977 Annual Tax
Built in 1996
MLS/Listing ID GC537245
1 Stories
8 Units
Lot - Near Public Transit
Lot - Shopping Center
Lot - Sidewalk
Lot - Landscaped
Lot - Central Business District
Heating - Heat Pump
Slab
Vinyl
Tile
Display Windows
Built-Up
Ceramic Tile
Cooling - Central Air
Construction - Stucco
Construction - Concrete
Construction - Block
Parking - Over 30 Spaces
Parking - Ground Level
Parking - Common
Lot - Street Lights
TOTAL MONTHLY COST
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