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Gainesville Retail Center For Sale

7420 W Newberry Rd Gainesville, FL 32605

7420 W Newberry Rd, Gainesville, FL, 32605
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Fully occupied 14,110 SF retail center in Gainesville, Florida.

Property Size14,110 SF
Price / SF$247.98
AddedMay 11
Days on Market66
Last RefreshJul 4 at 6:29 am

Property Features for 7420 W Newberry Rd

General Information

Standard status
Active
Size
14,110 SF
Property subtype
Retail

Building Details

Year Built
2009

Listing office Avison Young - Fort Lauderdale

Listing date May 11, 2026

Source Crexi

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 Avison Young - Fort Lauderdale


Investment Insights

Based on property information with market context.

The 7420 Newberry Retail Center is a fully-occupied retail asset, built in 2009, encompassing approximately 14,110 square feet. It is located at the intersection of West Newberry Road and I-75 in Gainesville, Florida. The center's tenants are service-oriented, focusing on childcare and fitness, catering to the needs of families in West Gainesville. The property provides cash flow with potential for increased value.

Key Highlights

  • Fully‑occupied retail center providing immediate cash flow.
  • Located at the intersection of West Newberry Road and I‑75.
  • Tenants cater to the year‑round needs of West Gainesville’s professional families.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $228.6k $16.20
− Vacancy −$14.9k −$1.05
EGI $213.7k $15.15
− OpEx −$64.1k −$4.54
NOI $149.6k $10.60
14,110 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.14M
$1.87M – $2.49M (±1% cap)
NOI $149,607 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.49M
$3.06M – $4.08M (±1% cap)
NOI $244,634 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Gain Capital LLC ... Business Management Consultant XCEED Sports Performance Gym & Fitness Center Red Door Homes ... Construction Company Okito America (Newberry ... Training Center Shops At Newberry Business Service Center

Suggested Use

Auto Parts Store Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Electrical Service Garden Center Kitchen & Bath Showroom Storage Facility Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Sunglass Hut — 6241 W Newberry Rd, Gainesville, FL 32605
  • The Oaks Mall — 6419 W Newberry Rd, Gainesville, FL 32605
  • Hobby Box Cards | Vending Machine — 6419 W Newberry Rd, Gainesville, FL 32605
  • NYS~Sunglass Cart — 6277 W Newberry Rd, Gainesville, FL 32607

FAQs

What type of property is this?
Shopping center - Fully occupied 14,110 SF retail center in Gainesville, Florida.
Where is this shopping center located?
The property is located at 7420 W Newberry Rd Gainesville, FL.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: Fully‑occupied retail center providing immediate cash flow.; Located at the intersection of West Newberry Road and I‑75.; Tenants cater to the year‑round needs of West Gainesville’s professional families.
Contact an agent
(954) 938-1806 Call to check price and availability
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