5695 NW 23rd St 2,000 SF Retail Building Gainesville, FL 32653 $2,000,000 ($1,000/SF)

Former Popeyes at 5695 NW 23rd Street presents an opportunity to acquire a vacant single-tenant restaurant property positioned on a signalized corner in Gainesville, Florida. Constructed in 2021 and situated on approximately 1.59 acres, the property includes an existing restaurant building, dedicated parking, and multiple points of ingress and egress that support efficient customer circulation and operational flexibility.
The site benefits from immediate adjacency to Walmart Supercenter and placement within an established commercial corridor serving surrounding residential neighborhoods, government offices, retail centers, and employment hubs. Nearby users include national and regional retailers, service providers, and distribution-related operations. The property's visibility along NW 23rd Street and proximity to US Highway 441 provide convenient regional access and daily exposure to passing traffic.
Gainesville's economy is supported by the University of Florida, UF Health, healthcare providers, government employment, and a growing technology sector. The property is located approximately five miles from Downtown Gainesville and the University of Florida campus, placing it within reach of a substantial student, workforce, and residential population base. Nearby Northside Park, public facilities, and surrounding residential development contribute additional activity generators within the trade area.
The existing restaurant infrastructure, recent construction, established retail surroundings, and accessible location position the property for owner-users, investors, or operators seeking a well-located retail asset in one of North Central Florida's primary commercial markets.