Property profile

0 Newberry Vlg Gainesville, FL 32606

OFF-MARKET
Retail properties & Spaces
227,746 SF
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Property summary

AI-generated overview

Newberry Village offers exceptional executive office space for lease in Alachua County. This prominent mixed-use development boasts 227,746 square feet of total building space, with 54,500 square feet currently vacant and divisible into units ranging from 900 to 7,800 contiguous square feet. The property is strategically located 0.4 miles west of I-75 exit, benefiting from high traffic volume (49,000 AADT) on W Newberry Road. Its prime location is surrounded by national retailers and enjoys proximity to major amenities, including a 523-bed HCA Healthcare hospital (less than 1 mile), Santa Fe College (1.25 miles, 14,915 students), and the University of Florida (4.5 miles, 55,000 students and 14,724 faculty & staff). The development is planned to include 150,000 square feet of retail, restaurants, a hotel, and medical facilities, further enhancing its appeal and attracting a substantial customer base. The project also features approximately 950 new luxury apartments and several outparcels with drive-thru potential, making it an ideal location for businesses seeking high visibility and accessibility. Two traffic signals ensure easy access and high traffic flow. Multiple tenancy options are available. Inquire today to secure your ideal space within this thriving community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 227,746 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Newberry Vlg Gainesville, FL 32606
Gainesville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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