7229 NW 4th Blvd Gainesville, FL

This 28.45-acre commercial property, Tower Center Shopping Plaza, is located just off Tower Road in Gainesville, Florida. The property features three buildings with a total of 79,678 square feet of retail space. The plaza is 100% leased. Building A is a 66,803-square-foot strip center anchored by a national wholesaler and includes 15 tenant spaces. Building B, constructed in 2020, spans 6,300 square feet and is home to three tenants with full showroom windows and convenient parking. Building C, delivered in 2022, offers 7,000 square feet of space occupied by three tenants. It benefits from high visibility and direct frontage on Tower Road, a major north-south corridor with an average daily traffic count of 21,000, and features both monument and on-building signage. The plaza offers ample parking, with over 400 spaces serving Buildings A and B, and an additional 47 dedicated spaces for Building C. The site is accessed via a signalized intersection, ensuring smooth ingress and egress, and is ideally positioned with easy access to I-75, Gainesville’s primary interstate thoroughfare. Additional income streams include revenue from flip signage, billboard income from I-75 exposure, and CAM-generated revenue through shared water retention usage. An outparcel is in place for future development of a 30,000-square-foot building.