Tower Center Shopping Plaza - 7229 - 7341 NW 4th Blvd

7229 NW 4th Blvd, Gainesville, FL 32607

Property Information

  • For Sale $21,500,000
  • Property Type Retail - Street Retail
  • Property Size 79,678 SF
  • Lot Size 28.45 Acre
  • Parking Spaces Avail. 400
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1989
  • Date Updated Apr 29, 2026

Description

Tower Center Shopping Plaza is a premier 28.45-acre commercial property strategically located just off Tower Road in Gainesville, Florida. This dynamic retail destination comprises three well-maintained parcels featuring a total of three buildings and is 100% leased, offering immediate in-place income and long-term upside potential.Building A, the centerpiece of the plaza, is a 66,803± SF strip center anchored by national wholesaler Restaurant Depot. The building includes 15 tenant spaces, creating a diverse and synergistic tenant mix that draws consistent customer traffic. Building B, constructed in 2020, spans 6,300± SF and is home to three tenants. The spaces feature full showroom windows and convenient parking for customers. Building C, delivered in 2022, offers 7,000± SF of space occupied by three tenants. With high visibility and direct frontage on Tower Road—a major north-south corridor with an average daily traffic count (AADT) of 21,000±—this building, which includes a drive-thru and a national QSR tenant, benefits from strong exposure with both monument and on-building signage.

Highlights

  • Additional income streams include revenue from flip signage, billboard income from I-75 exposure, and CAM-generated revenue through shared water retention usage.
  • An outparcel is in place for future development of a 30,000± SF building, offering significant upside for expansion or redevelopment.
  • The plaza offers ample parking, with more than 400 spaces serving Buildings A and B, and an additional 47 dedicated spaces for Building C.
  • The site is accessed via a signalized intersection, ensuring smooth ingress and egress, and is ideally positioned with easy access to I-75, Gainesville’s primary interstate thoroughfare.

Contacts

Dan Drotos, MSRE, CCIM, SIOR

Lee & Associates Gainesville

Location

Located at 7229 NW 4th Blvd, Gainesville, FL 32607, this property is part of the Gainesville neighborhood and North Central Florida market.

Contact Listing Broker
Dan Drotos, MSRE, CCIM, SIOR

Lee & Associates Gainesville

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