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Restaurant Shell for Buildout
For Lease
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702-710 W University Ave, Gainesville, FL 32601

Former restaurant shell available for buildout, with visibility along West University Avenue and parking.

Space Size2,430 SF
Days on Market60

Property Features for 702-710 W University Ave

General Information

Standard status Active
Size 2,430 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Business Included No

Spaces For Lease

at 702-710 W University Ave Contact us

706 W University Ave $20/SF/Yr

Floor
1
Size
2,430 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Former restaurant space for lease. - Currently a shell so can be built out to a...
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Contact us
Listing Agency: Coldwell Banker M.M. Parrish Realtors | Gainesville (Northwest)
Listed By: Craig Carter · License #3346602
Source: Moodyscre
Added: Jul 16 Changed: Aug 8 Last Checked: Sep 12 at 4:40AM

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 Coldwell Banker M.M. Parrish Realtors | Gainesville (Northwest)

Investment Insights

Based on property information with market context.

This former restaurant space is available for lease in a current “shell” condition, allowing for a tenant-specific buildout. The layout supports conversion to a new restaurant concept, and the space has been in restaurant use, having housed Leonardo’s 706 for decades.

The location offers visibility from West University Avenue, along with parking and signage. It sits just blocks from the University of Florida and downtown Gainesville, in an area described as increasing in density.

Key Highlights

  • Former restaurant space available for lease in a shell condition for tenant buildout
  • Great visibility from West University Avenue
  • Plenty of parking on site

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Locksmith Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility Pet Grooming Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,859
Businesses Nearby
152k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Groceries 34% Shops & Services 14% Electronics 1%
Publix Groceries
52,406 visits/mo 0.4 miles
McDonald's Dining
28,636 visits/mo 0.3 miles
Krispy Kreme Doughnuts Dining
22,825 visits/mo 0.5 miles
Checkers Dining
11,606 visits/mo 0.1 miles
Chevron Shops & Services
8,930 visits/mo 0.2 miles

Demographics for 32601, FL

22,039
Population
11,204
Households
2
Avg Household Size
27
Median Age
62%
College-Educated
97%
High-School Grad
4.6 sq mi
ZIP Area
4,791
Density / Sq Mi
$30,878
Median Household Income
$18,954
Median Earnings
$1,092
Median Rent
$284,200
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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Similar Off Market Nearby

  • Fresh Food Company 60 Inner Rd, Gainesville, FL 32610

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant shell available for buildout, with visibility along West University Avenue and parking.
Where is this conventional restaurant located?
The property is located at 702-710 W University Ave Gainesville, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Former restaurant space available for lease in a shell condition for tenant buildout; Great visibility from West University Avenue; Plenty of parking on site
(352) 339-4038 Call to check price and availability
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