Description:
Washington Square stands as a prominent shopping center spanning 63,361 square feet, established in 1984. Recently, a comprehensive revitalization project breathed new life into the entire complex, with an investment totaling approximately $500,000. Notable upgrades encompass the installation of fresh paving, both at the front and rear of the center, enhancing its overall aesthetic appeal. A thorough repaint and comprehensive fixes have collectively transformed the center, providing it with a renewed and captivating allure.
Situated strategically within Gainesville's primary retail hub, the center boasts a prime location adjacent to major City Malls. It serves as an anchor for various renowned national retailers, prominently featuring Dollar Tree among its key tenants. Presently, the Retail Center proudly maintains full occupancy, with only one space slated for availability starting March 1, 2025 spanning an area of 17,354 square feet. This space was previously occupied by a Planet Fitness franchise and it was fully converted by Bargain Hunt into retail space just a few months ago. The Bargain Hunt filled for Chapter 11 Bankruptcy in the beginning of February 2025 and it's closing this location despite that they just moved in a few months ago.
The center enjoys high visibility and accessibility, thanks to its strategic positioning at the bustling intersection of John W Morrow Jr. Parkway and Pearl Nix Highway. Impressively, the traffic count averages over 25,000 vehicles daily, ensuring a steady stream of potential customers. Spanning approximately 6.59 acres, this corner location benefits from being at a signaled intersection, granting effortless access through four convenient curb cuts.
Notably, the center boasts meticulous upkeep, highlighted by a recent extensive renovation completed in the first half of 2023. This overhaul included a comprehensive repaint of the entire shopping complex and fresh pavement for the parking area, ensuring a contemporary and well-maintained appearance.
Washington Square stands as a testament to prime commercial real estate, offering an enticing opportunity within a thriving retail landscape
