6707 W Newberry Rd | Gainesville, FL 32605
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- LoopNet Team
6707 W Newberry Rd
Gainesville, FL 32605
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Starbucks has been at this location for 20+ years, including the extension of multiple options and the recent 10 year extension
- Top performing Starbucks location - Ideal 1031 exchange opportunity - Corporate lease provides long-term security and stability for the new investor
- The Oaks Mall is the only regional shopping center located in the trade area, which also includes over 55,000 students at the University of Florida
- Large Starbucks building with drive-thru consisting of 4,345 square feet with below market rent, leaving significant value add potential
- Located just off I-75 Newberry Road exit, which is Gainesville’s busiest intersection with a daily traffic count in excess of 122,000 cars
- Highly visible and irreplaceable Mall Outparcel / drive-thru location and just off of Interstate-75
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,694 SF
Building Class
B
Year Built/Renovated
1985/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.57 AC
Zoning
BUS - Building is zoned for Urban Mixed Use (U8) permiting mini warehouse/storage use or future mixed use redevelopement.
Parking
25 Spaces (5.75 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 06655-005-002 | Improvements Assessment | $713,760 |
| Land Assessment | $1,240,540 | Total Assessment | $1,954,300 |
PROPERTY TAXES
Parcel Number
06655-005-002
Land Assessment
$1,240,540
Improvements Assessment
$713,760
Total Assessment
$1,954,300
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