Tower Center Shopping Plaza - 7229 - 7341 NW 4th Blvd

Investment Overview

Building A, the centerpiece of the plaza, is a 66,803± SF strip center anchored by national wholesaler Restaurant Depot. The building includes 15 tenant spaces, creating a diverse and synergistic tenant mix that draws consistent customer traffic. Building B, constructed in 2020, spans 6,300± SF and is home to three tenants. The spaces feature full showroom windows and convenient parking for customers. Building C, delivered in 2022, offers 7,000± SF of space occupied by three tenants. With high visibility and direct frontage on Tower Road—a major north-south corridor with an average daily traffic count (AADT) of 21,000±—this building, which includes a drive-thru and a national QSR tenant, benefits from strong exposure with both monument and on-building signage.

Investment Highlights

• The site is accessed via a signalized intersection, ensuring smooth ingress and egress, and is ideally positioned with easy access to I-75, Gainesville’s primary interstate thoroughfare.
• The plaza offers ample parking, with more than 400 spaces serving Buildings A and B, and an additional 47 dedicated spaces for Building C.
• Additional income streams include revenue from flip signage, billboard income from I-75 exposure, and CAM-generated revenue through shared water retention usage.
• An outparcel is in place for future development of a 30,000± SF building, offering significant upside for expansion or redevelopment.