11694 Research Dr Alachua, FL 32615-7267
This exceptional 11,900-square-foot retail or restaurant space is located in Alachua, Florida's premier Progress Park, a thriving biotech office park with over 34 companies and 1,200+ employees. Situated on 5.07 acres of land at 11694 Research Dr, Alachua, FL 32615, this Class A property boasts a prime location on HWY 441, directly across from a 600-home community. Built and renovated in 2022, the single-tenant space is part of a 7-suite building with ample parking (50 spaces). The property is zoned PUD and offers high visibility with over 20,000 average daily vehicle trips on HWY 441. This location is ideal for a variety of businesses, including restaurants, coffee shops, and other retail establishments. The property's proximity to a new coffee shop, brewery, and wine bar will further enhance its appeal and draw significant foot traffic. This is a rare opportunity to secure a highly visible and desirable retail space in a rapidly growing area. The property also presents the possibility of an outparcel drive-thru restaurant, available for sale or land lease (inquire for details). Don't miss this chance to establish your business in Alachua County's most coveted retail location.
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The Kookaburra Alachua Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
PUD · Alachua, FLAlachua. Always verify with local authorities before improvements.
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.