Contacts
Colliers
Colliers
Colliers
Property Details
- Property Type Retail
- Lot Size 28.45 SF
- Date Updated Jun 6, 2025
Tower Center Shopping Plaza presents an exceptional investment opportunity in a high-growth Gainesville corridor with stable tenancy, strong cash flow, and long-term development potential.
Investment Opportunity - 3 building Shopping Plaza for Sale with 79,678± SF of retail space. Tower Center Shopping Plaza presents an exceptional investment opportunity in a high-growth Gainesville corridor with stable tenancy, strong cash flow, and long-term development potential.
Tower Center Shopping Plaza is a premier 28.45-acre commercial property strategically located just off Tower Road in Gainesville, Florida. This dynamic retail destination comprises three well-maintained parcels featuring a total of three buildings and is 100% leased, offering immediate in-place income and long-term upside potential.
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.
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. Spaces boast 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 benefits from strong exposure with both monument and on-building signage.
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 over 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
- 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 presents an exceptional investment opportunity in a high-growth Gainesville corridor with stable tenancy, strong cash flow, and long-term development potential.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Gainesville, FL
- Neighborhood Gainesville
- Zip Code 32607
- Market North Central Florida
Points of Interest
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BP
0.30 miles
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Circle K
0.35 miles
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Chevron
0.37 miles
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Sunoco
0.43 miles
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Circle K Gas Station
2.25 miles
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Daily Mart
2.30 miles
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Electrify America
3.19 miles
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Facilities Services Motor Pool
3.23 miles
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Tesla Supercharger
3.33 miles
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ChargePoint
3.56 miles
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South Parking
2.53 miles
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Millhopper Library Branch
2.65 miles
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Facilities Services Parking Lot
3.06 miles
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Maguire Village Parking
3.10 miles
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University Village South Parking
3.11 miles
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Bledsoe Drive Parking
3.16 miles
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Softball Complex Parking
3.21 miles
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Surplus Parking
3.22 miles
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Mail & Document Services Parking
3.27 miles
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Cultural Plaza Parking
3.30 miles
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Dunkin'
0.31 miles
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Applebee's
0.32 miles
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Napolitano's
0.35 miles
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Taco Bell
0.36 miles
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Hardee's
0.36 miles
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Seafood Dock
0.37 miles
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Ocean Buffet
0.37 miles
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Waffle House
0.39 miles
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Ritter's
0.39 miles
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Red Lobster
0.41 miles
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JCPenney
0.43 miles
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Dillard's
0.48 miles
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The Oaks Mall
0.52 miles
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Belk
0.59 miles
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Publix
0.69 miles
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The Fresh Market
2.37 miles
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La Aurora Latin Market
2.45 miles
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Walmart Supercenter
2.70 miles
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ALDI
3.02 miles
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Target
3.19 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.