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Turnkey Drive-Thru Restaurant
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1818 NE Waldo Rd, Gainesville, FL 32609

Built-out drive-thru restaurant with strong Waldo Rd. traffic exposure, equipped commercial kitchen, and outdoor seating.

Property Size527 SF
Price / SF$853.89
Days on Market54

Property Features for 1818 NE Waldo Rd

General Information

Standard status Active
Size 527 SF
Total Parking Spaces 10
Property subtype Retail
Investment Type Owner/User

Additional Details

Business Included Yes
Traffic Count 30,000 vehicles/day
Commercial Hood Yes
Listing Agency: Portal Realty
Listed By: Teresa Callen · License #SI 3360412
Source: Crexi
Added: Jun 16 Changed: Aug 8 Last Checked: Aug 8 at 1:06PM

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 Portal Realty

Investment Insights

Based on property information with market context.

This property is a built-out drive-thru restaurant featuring a commercial kitchen outfitted with a 12-foot hood and various kitchen equipment that may be included in the lease. The operation includes separate prep and refrigeration areas, supporting efficient kitchen workflow. The site also offers shaded outdoor seating for customers, along with a large, grandfathered-in lollipop sign designed to be visible to passing traffic.

Located at 1818 NE Waldo Rd in Gainesville, Florida, the restaurant benefits from convenient placement on Waldo Rd. The property has over 150 linear feet of frontage and an average annual daily traffic count of over 30,000. Visibility is further supported by the existing sign presence for motorists traveling through the corridor.

For a tenant looking to open a drive-thru concept without starting from scratch, the existing kitchen configuration and dedicated prep and refrigeration spaces provide a practical foundation for day-to-day operations. The outdoor seating area and drive-thru format support both pickup and on-site dining. Equipment inclusion is available for consideration, and the frontage and sign visibility are key site characteristics for customer awareness.

Key Highlights

  • Drive‑thru restaurant with built‑out space for lease on Waldo Rd.
  • Over 30,000 average annual daily traffic count on Waldo Rd.
  • Over 150 linear ft of frontage on Waldo Rd., plus a large grandfathered lollipop sign.

Property Analytics

Current Use

Sublime Tacos Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
76k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 92% Shops & Services 8%
Walmart Superstores
70,625 visits/mo 0.2 miles
Texaco Shops & Services
5,823 visits/mo 0.1 miles

Demographics for 32609, FL

18,322
Population
8,515
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
87%
High-School Grad
117.5 sq mi
ZIP Area
156
Density / Sq Mi
$48,121
Median Household Income
$34,041
Median Earnings
$1,159
Median Rent
$174,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Built-out drive-thru restaurant with strong Waldo Rd. traffic exposure, equipped commercial kitchen, and outdoor seating.
Where is this drive through restaurant located?
The property is located at 1818 NE Waldo Rd Gainesville, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Drive‑thru restaurant with built‑out space for lease on Waldo Rd.; Over 30,000 average annual daily traffic count on Waldo Rd.; Over 150 linear ft of frontage on Waldo Rd., plus a large grandfathered lollipop sign.
(352) 871-5865 Call to check price and availability
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