Renovated Shopping Center with
For Sale
Contact for pricing
1509 W Jefferson Street, Quincy, FL 32351
Renovated retail center off Highway 90 with ample parking and established tenants, offering available space shown on-site plan.
Property Size75,197 SF
Days on Market139
Property Features for 1509 W Jefferson Street
General Information
Standard status
Active
Size
75,197 SF
Property subtype
Retail
Lease Term
CAM Included; MG
Additional Details
Highway Access
Yes
Building Details
Building Size
75,197 SF
Tenancy
Multi
Properties For Sale
at 1509 W Jefferson Street Contact usAVAILABLE
Size
34,120 SF
Type
Strip Center
Term
Negotiable
C
Size
3,020 SF
Type
Strip Center
Term
Negotiable
Listed By:
Brad Parker
(850) 566-2629
Source:
Tlgproperty
Added: Jun 2
Changed: Oct 16
Last Checked: Oct 16 at 8:09AM
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 Brad Parker
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Investment Insights
Based on property information with market context.
Gadsden Square has undergone major renovations, including new asphalt, new roofs, and new HVAC, supported by professional real estate management. The result is a refreshed, maintainable shopping center environment designed for everyday tenant and customer needs.
The property sits in a great location off Highway 90 and offers ample parking for convenient access. Current tenants include Roses, Country Buffet, Internet Arcade, Goodwill, and Citi Trends, creating a mix of discount retail and entertainment-oriented uses within the center. Available space is provided as shown on the site plan, and prospective tenants and buyers can review the specific opportunities directly on-site.
This center is a practical fit for retailers and related operators seeking a renovated, well-managed location with an existing tenant base. The combination of updated building systems, strong on-site presence from multiple recognizable brands, and straightforward access from Highway 90 can support a range of neighborhood and destination-oriented concepts, subject to the available suite(s) shown on the plan.
The property sits in a great location off Highway 90 and offers ample parking for convenient access. Current tenants include Roses, Country Buffet, Internet Arcade, Goodwill, and Citi Trends, creating a mix of discount retail and entertainment-oriented uses within the center. Available space is provided as shown on the site plan, and prospective tenants and buyers can review the specific opportunities directly on-site.
This center is a practical fit for retailers and related operators seeking a renovated, well-managed location with an existing tenant base. The combination of updated building systems, strong on-site presence from multiple recognizable brands, and straightforward access from Highway 90 can support a range of neighborhood and destination-oriented concepts, subject to the available suite(s) shown on the plan.
Key Highlights
- Major renovations completed: new asphalt, new roofs, and new HVAC throughout Gadsden Square
- Retail center with ample on‑site parking, located off Highway 90 in Quincy, FL
- Established tenant lineup includes Roses, Country Buffet, Internet Arcade, Goodwill, and Citi Trends
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$730,351
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,607,020
$14.6M
Cap Rate 7%
$10,433,586
$10.4M
Cap Rate 9%
$8,115,011
$8.1M
Market Conditions
NOI Build-Up for 75,197 SF
Gross rent
$1.13M $15.00/SF
− Vacancy
−$84.6K −$1.13/SF
EGI
$1.04M $13.88/SF
− OpEx
−$313.0K −$4.16/SF
NOI
$730.4K $9.71/SF
Area
Gadsden County, FL
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,607,020
Cap Rate 7%
$10,433,586
Cap Rate 9%
$8,115,011
Alternative Uses
Best Use
Retail
$10.43M
$9.13M – $12.17M
NOI $730,351 @ 7.0% cap · market cap 16,230,022.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.44M
$16.13M – $21.51M
NOI $1,290,453 @ 7.0% cap · market cap 28,676,733.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
101k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 23%
Apparel 12%
Electronics 5%
McDonald's
Dining
18,463 visits/mo
0.2 miles
Dollar Tree
Shops & Services
9,359 visits/mo
0.2 miles
Taco Bell
Dining
7,938 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
7,650 visits/mo
0.2 miles
KFC
Dining
6,176 visits/mo
0.2 miles
Demographics for 32351, FL
16,526
Population
7,065
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
79%
High-School Grad
213.0 sq mi
ZIP Area
78
Density / Sq Mi
$39,219
Median Household Income
$29,952
Median Earnings
$838
Median Rent
$119,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Winn Dixie, 1632 W Jefferson St, Quincy, FL 32351
- Gadsden Square — 1509 W Jefferson St, Quincy, FL 32351
- Quincy Plaza — Quincy, FL 32351
Frequently Asked Questions
What type of property is this?
Shopping center - Renovated retail center off Highway 90 with ample parking and established tenants, offering available space shown on-site plan.
Where is this shopping center located?
The property is located at 1509 W Jefferson Street Quincy, FL.
What are key features of this property?
This property features: Major renovations completed: new asphalt, new roofs, and new HVAC throughout Gadsden Square; Retail center with ample on‑site parking, located off Highway 90 in Quincy, FL; Established tenant lineup includes Roses, Country Buffet, Internet Arcade, Goodwill, and Citi Trends
