Retail Suite in Thornebrook
2441 NW 43RD St, Gainesville, FL 32606
For Sale
$280,000
Pending
Retail suite in walkable Thornebrook Village, northwest Gainesville.
Property Size2,093 SF
Lot Size0.04 Acres
Days on Market248
Property Features for 2441 NW 43RD St
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Bosshardt Realty Services
Listed By:
Sage Alfonso · License FL SL3476286
(352) 316-8413
Source:
Elliman
Added: Mar 10
Changed: Sep 3
Last Checked: Aug 14 at 6:03AM
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 Bosshardt Realty Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 1,699 square foot retail suite is available for purchase in Thornebrook Village, located in northwest Gainesville. The property is currently leased to a wedding dress sales and reupholstery boutique under a two-year gross lease, providing an immediate income opportunity with full occupancy. The MU2 mixed-use zoning allows for a variety of retail and service uses. Thornebrook Village benefits from high foot traffic and an upscale customer base. The surrounding area includes restaurants, daytime shopping, clothing retailers, chocolatiers, flower shops, and bagel cafes. The property is located near The Fresh Market, Publix, and other staples of northwest Gainesville.
Key Highlights
- Prime 1,699 SF retail suite in highly walkable Thornebrook Village.
- Immediate income opportunity with full occupancy and existing two‑year gross lease.
- High foot traffic and upscale customer base within Thornebrook Village.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,014
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,280
$360.3K
Cap Rate 7%
$257,343
$257.3K
Cap Rate 9%
$200,156
$200.2K
Market Conditions
NOI Build-Up for 1,699 SF
Gross rent
$27.5K $16.20/SF
− Vacancy
−$1.8K −$1.05/SF
EGI
$25.7K $15.15/SF
− OpEx
−$7.7K −$4.54/SF
NOI
$18.0K $10.60/SF
Area
Gainesville, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,280
Cap Rate 7%
$257,343
Cap Rate 9%
$200,156
Alternative Uses
Best Use
Retail
$257.3K
$225.2K – $300.2K
NOI $18,014 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$420.8K
$368.2K – $491.0K
NOI $29,457 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,192
Businesses Nearby
154k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 30%
Shops & Services 28%
Beauty & Spa 3%
Publix
Groceries
41,969 visits/mo
0.3 miles
Circle K
Shops & Services
18,774 visits/mo
0.3 miles
The Fresh Market
Groceries
18,232 visits/mo
0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
12,793 visits/mo
0.1 miles
The Flying Biscuit Cafe
Dining
8,406 visits/mo
0.1 miles
Demographics for 32606, FL
24,380
Population
11,230
Households
2.2
Avg Household Size
40
Median Age
60%
College-Educated
98%
High-School Grad
15.4 sq mi
ZIP Area
1,583
Density / Sq Mi
$79,888
Median Household Income
$49,153
Median Earnings
$1,664
Median Rent
$319,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Gainesville, FL
Properties on Market for Retail space in Gainesville
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail suite in walkable Thornebrook Village, northwest Gainesville.
Where is this retail space located?
The property is located at 2441 NW 43RD St Gainesville, FL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Prime 1,699 SF retail suite in highly walkable Thornebrook Village.; Immediate income opportunity with full occupancy and existing two‑year gross lease.; High foot traffic and upscale customer base within Thornebrook Village.
