7420 W Newberry Rd Gainesville, FL 32605
Fully occupied 14,110 SF retail center in Gainesville, Florida.
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 (954) 938-1806
Listing date May 11, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
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 |
Alternative Uses
Property Analytics
Current Use by Public Records
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