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620 NW 16th Ave 12,120 SF of Office/Retail Space Available in Gainesville, FL 32601
Highlights
- Freestanding 12,120 SF commercial building with highly adaptable open floor plan.
- Excellent location minutes from the University of Florida with strong surrounding activity and population density
- Approx. 40 on-site parking spaces — well suited for indoor recreation and high-traffic uses
- New U6 zoning allowing a wide range of uses including retail, indoor recreation, experiential concepts, restaurant, and office, medical, education.
- Ownership open to flexible terms and build-out considerations for qualified tenants.
- Distinctive exterior featuring a professionally commissioned mural creating a unique branding opportunity
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 12,120 SF | 1-5 Years | $11.00 /SF/YR $0.92 /SF/MO $133,320 /YR $11,110 /MO | Triple Net (NNN) |
1st Floor
PROPERTY HIGHLIGHTS For Lease or For Sale Highly flexible, open-span floor plan suitable for a wide range of commercial and experiential uses including indoor recreation. New U6 zoning significantly expands permitted uses, enhancing long-term value and marketability Single-story configuration allows efficient layouts, easy access, and broad adaptability Professionally commissioned exterior mural by a recognized artist — strong identity and visual presence Freestanding building with excellent street exposure and signage opportunities Ample on-site parking (40 spaces) — a notable advantage for indoor recreation, retail, or service uses Adaptable interior ideal for creative buildouts, training, or customer-focused operations
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Reception Area
- Professional Mural, Spacious Interiors
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 12,120 SF | Gross Leasable Area | 13,512 SF |
| Property Type | Retail | Year Built/Renovated | 1971/2018 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.96/1,000 SF |
| Total Space Available | 12,120 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,512 SF |
| Year Built/Renovated | 1971/2018 |
| Parking Ratio | 2.96/1,000 SF |
About the Property
Ownership open to flexible terms and build-out considerations for qualified tenants. This 12,120 SF freestanding commercial building offers a rare opportunity to lease a highly adaptable space in one of Gainesville’s most active and evolving areas. The building features a large open floor plan, ample parking, and a distinctive exterior enhanced by a professionally designed mural, creating a strong visual and branding opportunity. The recently implemented U6 zoning unlocks a wide variety of permitted uses, including indoor recreation, experiential concepts, retail, restaurant, office, and service-oriented businesses. The building’s layout and site characteristics are particularly well-suited for indoor recreation and customer-focused uses while remaining flexible enough to accommodate more traditional commercial tenants. Offered at $11.00/SF NNN, this property represents a compelling leasing opportunity for operators seeking scale, visibility, zoning flexibility, and proximity to the University of Florida.
Nearby Major Retailers
