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    OFF-MARKET
    Lifestyle centers

    4111-4121 16Th Blvd, Gainesville, FL 32605

    80,201 SF
    Property ID
    Property summary
    AI-generated overview

    Millhopper Shopping Center, located at 4111-4121 NW 16th Blvd in Gainesville, Florida (zip code 32605), presents a compelling retail investment opportunity. This established shopping center boasts a total of 80,201 square feet of retail space within a single building, currently featuring multiple tenants. A prime 1,881 square foot space is immediately available, offering significant potential for expansion or new business ventures. The property is situated in Alachua County, benefiting from its central location within a thriving office community and affluent Gainesville residential areas, ensuring high visibility and foot traffic. The property's strategic location promises strong returns for investors seeking a well-established retail presence in a desirable market. The single-building structure simplifies management and maintenance, while the existing tenancy provides a stable income stream. This opportunity allows for immediate occupancy and the potential to capitalize on the existing strong tenant base and the high-demand location. The property's size and location make it ideal for a variety of retail uses, providing flexibility for potential buyers or lessees. Detailed property information and financial records are available upon request.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 80,201 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Millhopper Shopping Center Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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