University-Campus Shopping Center
For Sale
Contact for pricing
1404 W University Avenue, Gainesville, FL 32603
Retail centers serving major university campuses with food-and-service tenancy and limited vacancy across the portfolio.
Property SizeContact for details
Days on Market144
Property Features for 1404 W University Avenue
General Information
Standard status
Active
Property subtype
Retail
Occupancy
97%
Financials
Asking Price
$53,416,145
Cap Rate
5.5%
Building Details
Tenancy
Multi
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #MI 6501323470
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 1:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This retail shopping center portfolio comprises eight properties positioned beside major university campuses, including the University of Florida, Florida State University, University of Central Florida, Kennesaw State University, Indiana University, University of Illinois, Arizona State University, and the University of New Mexico. The properties contain more than 90,000 SF of retail space leased to over 33 tenants, with a tenant mix centered on food and services. Portfolio occupants include Potbelly, Chipotle, Panera, Panda Express, Subway, and First Watch.
The collection is offered as a portfolio or on an individual-property basis. The Gainesville asset is located at 1404 W University Avenue, Gainesville, FL 32603. Across the portfolio, the average five-mile population exceeds 200,000, and total vacancy is 3.3%.
The collection is offered as a portfolio or on an individual-property basis. The Gainesville asset is located at 1404 W University Avenue, Gainesville, FL 32603. Across the portfolio, the average five-mile population exceeds 200,000, and total vacancy is 3.3%.
Key Highlights
- Eight‑property retail portfolio across major university campuses
- More than 90,000 SF of retail space across the portfolio
- Over 33 tenants with a food‑and‑services tenant mix
Property Analytics
Property Profile
Current Use
Lease Details
96.7%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,843
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Groceries 30%
Shops & Services 7%
Electronics 2%
Publix
Groceries
52,406 visits/mo
0.2 miles
McDonald's
Dining
28,636 visits/mo
0.3 miles
Krispy Kreme Doughnuts
Dining
22,825 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
15,504 visits/mo
0.0 miles
Checkers
Dining
11,606 visits/mo
0.5 miles
Demographics for 32603, FL
7,367
Population
2,963
Households
2.5
Avg Household Size
24
Median Age
66%
College-Educated
95%
High-School Grad
0.9 sq mi
ZIP Area
8,186
Density / Sq Mi
$14,580
Median Household Income
$7,084
Median Earnings
$1,141
Median Rent
$290,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail centers serving major university campuses with food-and-service tenancy and limited vacancy across the portfolio.
Where is this shopping center located?
The property is located at 1404 W University Avenue Gainesville, FL.
What are key features of this property?
This property features: Eight‑property retail portfolio across major university campuses; More than 90,000 SF of retail space across the portfolio; Over 33 tenants with a food‑and‑services tenant mix
