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    1200 76Th St Gainesville, FL 32606

    For Lease
    Contact for pricing

    Prime retail space, multiple suites available.

    Lot size:
    180,524 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Newberry Square, located at 1200 NW 76th Street in Gainesville, Florida (zip code 32606), presents a compelling retail investment opportunity. This established commercial center boasts a total of 180,524 square feet, offering a diverse range of suite sizes to accommodate various business needs. Currently, there are nine suites in total, with 20,226 square feet of vacant space ready for immediate occupancy. Individual suites range from a minimum of 1,050 square feet to a maximum contiguous space of 5,118 square feet, providing flexibility for a variety of tenants. The property's strategic location within Alachua County places it in a high-traffic retail corridor, benefiting from convenient access to Interstate 75. Furthermore, its proximity—less than half a mile—to the county's only regional mall ensures high visibility and significant foot traffic. This makes Newberry Square an ideal location for businesses seeking strong exposure and a thriving customer base. The property's multiple tenancy structure offers a diverse income stream potential, making it an attractive investment for both established businesses and new ventures. Interested parties are encouraged to explore this exceptional opportunity to secure prime retail space in a dynamic and growing market.

    Property Features for 1200 76Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    180,524 SF

    Unit(s) available at that property

    Space
    Suite 0004 (Restaurant)
    Size
    1,400 SF
    Space
    Suite 0009
    Size
    1,750 SF
    Space
    Suite 0010C
    Size
    1,050 SF
    Space
    Suite 0014 (Fitness Space)
    Size
    4,200 SF
    Space
    Suite 0016
    Size
    2,563 SF
    Space
    Suite 0017 (Saloon)
    Size
    1,170 SF
    Space
    Suite 0020
    Size
    5,118 SF
    Space
    Suite 0021
    Size
    1,400 SF
    Space
    Suite 25
    Size
    1,575 SF

    HighLights

    • Gainesville, FL Market.
    • 180,524 square feet total building area.
    • Nine (9) available spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.4253363
    Latitude
    29.6616594

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    FAQs

    What type of property is this?
    Retail property - Prime retail space, multiple suites available.
    Where is this retail property located?
    The property is located at 1200 76Th St Gainesville, FL.
    What are key features of this property?
    This property features: Gainesville, FL Market.; 180,524 square feet total building area.; Nine (9) available spaces.
    Request Owner's contact information
    1200 76Th St Gainesville, FL 32606
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    Gainesville, FL 32606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1200 76Th St Gainesville, FL 32606
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