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Freestanding Conventional Restaurant
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5695 NW 23rd St, Gainesville, FL 32653

Vacant single-tenant restaurant with signalized-corner access, dedicated parking, and prominent retail adjacency.

Space Size2,000 SF
Lot Size1.59 Acres
Days on Market14

Property Features for 5695 NW 23rd St

General Information

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

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Space Use Restaurant

Building Details

Building Size 2,000 SF
Year Built 2021
Tenancy Single

Spaces For Lease

at 5695 NW 23rd St Contact us

#1

Size
2,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Marcus & Millichap | The Patel Yozwiak Group
Listed By: Darpan Patel · License #OH SAL.2012000748
Source: Crexi
Added: Jul 30 Changed: Aug 11 Last Checked: Aug 11 at 7:51AM

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 vacant, single-tenant restaurant property includes a 2,000-square-foot building constructed in 2021 on a 1.59-acre site. The property is configured for restaurant use and includes 39 parking spaces, along with two separate ingress and egress points. The listing identifies the building as a former Popeyes location.

The restaurant occupies a signalized corner at 5695 NW 23rd Street in Gainesville, Florida, directly adjacent to a Walmart Supercenter. Its setting combines retail, residential, and business activity within the surrounding corridor, while the corner position and multiple access points support convenient vehicle circulation.

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

NNN (Triple Net)
Lease Type

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Vacant single-tenant restaurant with signalized-corner access, dedicated parking, and prominent retail adjacency.
Where is this conventional restaurant located?
The property is located at 5695 NW 23rd St Gainesville, FL.
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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