Multi-Use Retail Suite with Two
2441 Northwest 43rd St Gainesville, FL 32606
2441 Northwest 43rd St, Gainesville, FL, 32606
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For Sale
Contact for pricing
Retail suite in Thornebrook Village with two entry points, renovated interior, and private restroom plus shower.
Property Size3,100 SF
Price / SF$164.48
Days on Market118
Property Features for 2441 Northwest 43rd St
General Information
- Standard status
- Active
- Size
- 3,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1984
Listing agency
Lee & Associates Gainesville
(352) 664-2567
Listed by
Ken Mears · License #FL SL3273401
Source
Crexi
Added: Mar 27 Updated: Jul 21 at 7:31AM Checked: Jul 21 at 7:31AM
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 Lee & Associates Gainesville
Investment Insights
Based on property information with market context.
Located in Thornebrook Village, this 3,100± SF retail suite is set up with a functional, open layout designed to support a range of configurations and tenant buildouts. The suite includes two separate entry points to facilitate customer access and day-to-day operations, as well as a private restroom and a separate shower.
Recent improvements include a renovated interior, HVAC system replacement in 2020, and a remodeled bathroom with upgraded fixtures. The property is zoned MU-2, which allows for a variety of retail and commercial uses, making it suitable for adaptable business needs.
With updated mechanicals and a flexible interior plan, the space offers a practical base for users looking to customize the layout to their operations.
Recent improvements include a renovated interior, HVAC system replacement in 2020, and a remodeled bathroom with upgraded fixtures. The property is zoned MU-2, which allows for a variety of retail and commercial uses, making it suitable for adaptable business needs.
With updated mechanicals and a flexible interior plan, the space offers a practical base for users looking to customize the layout to their operations.
Key Highlights
- 3,100± SF retail suite in Thornebrook Village, with an open, functional layout for multiple configurations and tenant buildouts
- Two separate entry points for customer access and staff operations
- Private restroom plus a separate shower
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.2k | $16.20 |
| − Vacancy | −$3.3k | −$1.05 |
| EGI | $47.0k | $15.15 |
| − OpEx | −$14.1k | −$4.54 |
| NOI | $32.9k | $10.60 |
3,100 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$469.6K
$410.9K – $547.8K
NOI $32,869 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$767.8K
$671.8K – $895.8K
NOI $53,747 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lotus Veterinary Alternatives
Veterinary Clinic
Thornebrook Chocolates
Specialty Food Shop
Klaus Fine Jewelers
(Bike/Boat/Book/etc) Store
The Floor Store at Thornebrook
Carpet & Flooring Store
Dr. Lewis M. ...
Dental Office
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FAQs
What type of property is this?
Retail space - Retail suite in Thornebrook Village with two entry points, renovated interior, and private restroom plus shower.
Where is this retail space located?
The property is located at 2441 Northwest 43rd St Gainesville, FL.
What is the asking price?
The asking price for this property is $509,900.
What are key features of this property?
This property features: 3,100± SF retail suite in Thornebrook Village, with an open, functional layout for multiple configurations and tenant buildouts; Two separate entry points for customer access and staff operations; Private restroom plus a separate shower
