Plaza West Investment Sale - 5 Retail Suites on Newberry Road

Investment Overview

Lee & Associates North Florida is pleased to present Plaza West, a fully-leased, five-suite retail investment opportunity at 4000 W Newberry Road in Gainesville, FL. This 6,225 SF strip retail center sits on 0.46 acres directly on W Newberry Road (SR 26), one of Gainesville's busiest corridors, carrying approximately 33,000 vehicles per day. The property is 100% occupied, and all leases have recently been renewed, giving an investor a stabilized, in-place income stream with a diverse tenant mix — restaurant, retail, church, and personal service. Offered at $615,000, the pricing presents an attractive basis for value-oriented investors seeking durable cash flow in a high-traffic, high-visibility corridor. Zoned MU-1 by the City of Gainesville, the site supports a wide range of commercial uses. Located minutes from the I-75 interchange and the University of Florida, Plaza West combines full occupancy, recently renewed leases, and a strong long-term location — a rare pairing for an asset at this price point.

Investment Highlights

• 100% occupied — five-suite retail strip center with fully stabilized income
• All leases recently renewed — reduced turnover risk, stable in-place cash flow
• Attractive basis for value-oriented investors at $615,000
• Signalized access via NW 39th Road
• High-traffic exposure — 33,000 AADT along W Newberry Rd (SR 26)
• Flexible zoning — MU-1 (City of Gainesville) supports retail, restaurant, service, and institutional uses
• Diverse, resilient tenant mix — restaurant, retail, church, and service tenants spread the risk across use types
• Strategic location — minutes from I-75 interchange and the University of Florida
• 0.46-acre site with 24 parking spaces