4111-4121 16Th Blvd, Gainesville, FL 32605
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.
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Millhopper Shopping Center Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.