Contacts

Jon Thomas

Lee & Associates Gainesville

Property Details

Property Type Retail - Street Retail
Property Size 6,225 SF
Units 5
Lot Size 0.46 Acre
Date Updated Jul 24, 2026

Located on the north side of Newberry Road, east of NW 43rd Street and west of NW 39th Road.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.

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Highlights

0.46-acre site with 24 parking spaces
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
Diverse, resilient tenant mix restaurant, retail, church, and service tenants spread the risk across use types
Flexible zoning MU-1 (City of Gainesville) supports retail, restaurant, service, and institutional uses
High-traffic exposure 33,000 AADT along W Newberry Rd (SR 26)
Signalized access via NW 39th Road
Strategic location minutes from I-75 interchange and the University of Florida