Former Popeyes | Available for Sale or Lease |… — Sale in Gainesville, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Gainesville, FL 32653
  • Year built: 2021

Photos

Former Popeyes | Available for Sale or Lease |… — Sale in Gainesville, FL, photo 1 of 4
Former Popeyes | Available for Sale or Lease |… — Sale in Gainesville, FL, photo 2 of 4
Former Popeyes | Available for Sale or Lease |… — Sale in Gainesville, FL, photo 3 of 4
Former Popeyes | Available for Sale or Lease |… — Sale in Gainesville, FL, photo 4 of 4

Description

Marcus & Millichap is pleased to present the offering for a Former Popeyes in Gainesville, FL. Investment Highlights: • SINGLE TENANT VACANT RESTAURANT FOR SALE OR LEASE: Asking rent of $150,000/Year, NNN. • PRIME RETAIL CORRIDOR: Located on a signalized corner directly adjacent to Walmart Supercenter in a dense retail, residential and business corridor. • READY-TO-USE INFRASTRUCTURE: Built in 2021, the 2,000-SF building includes 39 parking spaces on a large 1.59- acre lot with two points of ingress and egress. • HIGH TRAFFIC COUNTS: The property benefits from significant exposure with approximately 10,500 vehicles per day (VPD) along NW 23rd Street, just off of US Hig hway 441, seeing 27,000 VPD. • PROXIMITY TO MULTIPLE NATIONAL TENANTS: Nearby tenants include Walmart, Mavis Tire, Dunkin', Sherwin Williams, Dollar Tree, Advance Auto Parts, Chevron, Amazon delivery hub and more. • ADJACENT TO RENOVATED PUBLIC PARK: Directly across from Northside Park which includes a senior rec center with event space and multiple newly renovated sports courts and playground space. • STRONG DEMOGRAPHICS: Population exceeds 108,000 within 5 miles and is expected to in crease by 2030. Daytime population of over 198,300. Average household incomes of $101,700 within 3 miles. • 5 MILES FROM DOWNTOWN GAINESVILLE AND UNIVERSITY OF FLORIDA MAIN CAMPUS: The Gainesville area population has increased by roughly 5.5% since the 2020 census, fueled by high student demand at UF, startup activity, and an influx of n ew residents. The University of Florida currently has over 50,000 students and staff.

Market Context

This retail in Gainesville, FL is listed for sale. The building dates to 2021. Compare it against other retail listings for sale in Gainesville, FL — view the full market.

Estimated Price per SF

$63.76/SF – $463.73/SF

Mid: $193.22/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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