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Drive-Through Restaurant
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5695 NW 23rd St, Gainesville, FL 32653

A second-generation restaurant layout includes an existing drive-through and potential for a ground lease.

Space Size2,076 SF
Lot Size1.59 Acres
Days on Market8

Property Features for 5695 NW 23rd St

General Information

Standard status Active
Size 2,076 SF
Net Rentable 2,076 SF
Class B
Lot size 1.59 Acres
Property subtype retail

Space & Availability

Available Space 2,076 SF
Contiguous Space 2,076 SF
Space Use Restaurant

Site & Location

Drive-Thru Yes
Road Access Yes

Building Details

Year Built 2021
Building Size 2,076 SF
Listing Agency: Orlando
Listed By: Brandon McCalla · License #SL3415979
Source: Property.jll
Added: Sep 30 Changed: Oct 6 Last Checked: Oct 7 at 8:45AM

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 Orlando

Investment Insights

Based on property information with market context.

Built in 2021, this 2,076-square-foot restaurant occupies a 1.59-acre site at 5695 NW 23rd St in Gainesville. The second-generation space has an existing drive-through, and the property carries potential for a ground lease. Two access points serve the site.

The property fronts the signalized intersection of NW 23rd St and NW 34th St (SR-121), next to a Walmart Supercenter. Amazon, PepsiCo and SRS Distribution are each less than half a mile away. The University of Florida is 3.83 miles from the site, and Downtown Gainesville is 4.24 miles away.

Within three miles, the surrounding population is 39,778. The nearby Walmart draws approximately 2 million visitors annually.

Key Highlights

  • 2,076‑square‑foot second‑generation restaurant with an existing drive‑through
  • 1.59‑acre site with two points of ingress and egress
  • Built in 2021

Property Analytics

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Current Use

Popeyes Louisiana Kitchen Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Pharmacy

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Drive through restaurant - A second-generation restaurant layout includes an existing drive-through and potential for a ground lease.
Where is this drive through restaurant located?
The property is located at 5695 NW 23rd St Gainesville, FL.
What are key features of this property?
This property features: 2,076‑square‑foot second‑generation restaurant with an existing drive‑through; 1.59‑acre site with two points of ingress and egress; Built in 2021
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