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7229 NW 4Th Blvd Gainesville, FL 32607

For Sale
$23,800,000

Three-building shopping plaza with stable tenancy and development potential.

Property size:
79,678 SF
Lot size:
11.91 Acres

Property Features for 7229 NW 4Th Blvd

General Information

Size
79,678 SF
Lot size
11.91 Acres

Source: Colliers | Gainesville Agent Rory Causseaux

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Gainesville Shopping Plaza Investment Opportunity

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Martin Appliance and More Appliance Store Mountain Top Granite Granite Supplier Toss-A-Ton Garbage Dump Service

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Tower Center, Oaks Square, Sunglass Hut, The Oaks Mall, Hobby Box Cards | Vending Machine

Location Insight

  • Map
  • Local Demand
City
Gainesville
County
Alachua
State
Florida
Longitude
-82.4195349
Latitude
29.6551384

FAQs

What type of property is this?
Shopping center - Three-building shopping plaza with stable tenancy and development potential.
Where is this shopping center located?
The property is located at 7229 NW 4Th Blvd Gainesville, FL.
What is the asking price?
The asking price for this property is $23,800,000.
What are key features of this property?
This property features: - 100% Leased with Stable Tenancy and Strong Cash Flow: Provides immediate in-place income and long-term upside potential.; - Prime Location: Strategically located off Tower Road in a high-growth Gainesville corridor with easy access to I-75 via a signalized intersection.; - Anchor Tenant: Building A is anchored by Restaurant Depot, a national wholesaler, ensuring consistent customer traffic.
More about this property
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