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

7229 NW 4th Blvd, Gainesville, FL 32607

Accepting Offers
Tower Center Shopping Plaza - 7229 - 7341 NW 4th BlvdTower Center Shopping Plaza - 7229 - 7341 NW 4th BlvdTower Center Shopping Plaza - 7229 - 7341 NW 4th BlvdTower Center Shopping Plaza - 7229 - 7341 NW 4th Blvd
Asking Price

$21,500,000

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

7229 NW 4th Blvd, Gainesville, FL 32607

Asset Type: Real Estate

Estate: Leasehold

Land Area: 28.45 Acres

Parking Count: 400

Property Type: Retail

Year Built: 1989

Number of Floors: 1

Property Size: 79,678 SF

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.

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

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.

Sale FAQs

Investment Sales Broker

Dan Drotos, MSRE, CCIM, SIOR

Dan Drotos, MSRE, CCIM, SIOR

Lee & Associates Gainesville

FL License: BK3255693

Phone: XXXXXXXXXX

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXX

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