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Freestanding Restaurant Property
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5695 Northwest 23rd Street, Gainesville, FL 32653

Vacant restaurant facility with dedicated parking and access from two points of ingress and egress.

Property Size2,000 SF
Lot Size1.59 Acres
Price / SF$1,000
Days on Market7

Property Features for 5695 Northwest 23rd Street

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 39
Lot size 1.59 Acres
Property subtype Retail

Building Details

Year Built 2021
Tenancy Single
Listing Agency: Marcus & Millichap | The Patel Yozwiak Group
Listed By: Quinn Ryan · License #Florida: SL3549191
Source: Crexi
Added: Jul 30 Changed: Aug 3 Last Checked: Aug 5 at 8:23AM

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 Marcus & Millichap | The Patel Yozwiak Group

Investment Insights

Based on property information with market context.

This freestanding restaurant property includes a 2,000-square-foot building constructed in 2021 on a 1.59-acre site. The facility is vacant and offers 39 parking spaces, along with two points of ingress and egress. The property is available for acquisition or lease.

Situated at a signalized corner directly adjacent to Walmart Supercenter, the site is positioned within a retail, residential, and business corridor in Gainesville. Its restaurant configuration, recent construction, parking supply, and accessible site layout support continued restaurant use.

Key Highlights

  • 2,000‑square‑foot restaurant building constructed in 2021
  • 1.59‑acre site with 39 parking spaces
  • Two points of ingress and egress

Property Analytics

Current Use

Popeyes Louisiana Kitchen Restaurant

Suggested Use

Top Pick Restaurant Auto Repair Shop Big Box & Wholesale Store Building Supply HVAC Service Kitchen & Bath Showroom

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby
161k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 56% Shops & Services 28% Dining 10% Groceries 6%
Walmart Superstores
89,626 visits/mo 0.1 miles
Murphy USA Shops & Services
20,920 visits/mo 0.3 miles
Dollar Tree Shops & Services
16,254 visits/mo 0.3 miles
ABC Fine Wine & Spirits Groceries
9,835 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
8,532 visits/mo 0.1 miles

Demographics for 32653, FL

14,397
Population
6,746
Households
2.1
Avg Household Size
45
Median Age
52%
College-Educated
97%
High-School Grad
38.5 sq mi
ZIP Area
374
Density / Sq Mi
$97,700
Median Household Income
$52,523
Median Earnings
$1,130
Median Rent
$273,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Vacant restaurant facility with dedicated parking and access from two points of ingress and egress.
Where is this conventional restaurant located?
The property is located at 5695 Northwest 23rd Street Gainesville, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 2,000‑square‑foot restaurant building constructed in 2021; 1.59‑acre site with 39 parking spaces; Two points of ingress and egress
More about this property
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