Freestanding Restaurant
For Sale
$2,000,000
5695 NW 23rd St, 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 Market22
Property Features for 5695 NW 23rd St
General Information
Standard status
Active
Size
2,000 SF
Total Parking Spaces
39
Lot size
1.59 Acres
Property subtype
Vacant-User
Amenities
SINGLE TENANT VACANT RESTAURANT FOR SALE OR LEASE: Asking rent of $150,000/Year, NNN.
PRIME RETAIL CORRIDOR: Located on a signalized corner directly adjacent to Walmart Supercenter in a dense retail, residential and business corridor.
READY-TO-USE INFRASTRUCTURE: Built in 2021, the 2,000-SF building includes 39 parking spaces on a large 1.59- acre lot with two points of ingress and egress.
HIGH TRAFFIC COUNTS: The property benefits from significant exposure with approximately 10,500 vehicles per day (VPD) along NW 23rd Street, just off of US Hig hway 441, seeing 27,000 VPD.
PROXIMITY TO MULTIPLE NATIONAL TENANTS: Nearby tenants include Walmart, Mavis Tire, Dunkin', Sherwin Williams, Dollar Tree, Advance Auto Parts, Chevron, Amazon delivery hub and more.
ADJACENT TO RENOVATED PUBLIC PARK: Directly across from Northside Park which includes a senior rec center with event space and multiple newly renovated sports courts and playground space.
STRONG DEMOGRAPHICS: Population exceeds 108,000 within 5 miles and is expected to in crease by 2030. Daytime population of over 198,300. Average household incomes of $101,700 within 3 miles.
5 MILES FROM DOWNTOWN GAINESVILLE AND UNIVERSITY OF FLORIDA MAIN CAMPUS: The Gainesville area population has increased by roughly 5.5% since the 2020 census, fueled by high student demand at UF, startup activity, and an influx of n ew residents. The University of Florida currently has over 50,000 students and staff.
Building Details
Building Size
2,000 SF
Year Built
2021
Tenancy
Single
Listing Agency:
Marcus & Millichap | The Patel Yozwiak Group
(813) 387-4706
Listed By:
Quinn Ryan · License #License(s): FL: SL3549191
(813) 387-4706
Source:
Marcusmillichap
Added: Aug 2
Changed: Aug 23
Last Checked: Aug 20 at 3:12PM
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.
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
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask 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 NW 23rd St 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
