Marcus & Millichap Sells Robbinswood Plaza Retail Center In Gainesville For $6.5M

Marcus & Millichap has sold Robbinswood Plaza in Gainesville, Florida, for $6.5 million. The retail center is located at 3841 Southwest Archer Road and spans 13,218 square feet. The property is strategically positioned in a high-traffic corridor between Interstate-75 and the University of Florida. It boasts national tenants such as Chipotle and Trulieve, attracting a significant amount of foot traffic.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,500,000
• Address: 3841 Southwest Archer Road
• Market: Gainesville
• Square Footage: 13,218
• Price per Square Foot: $492

Evan Cannan and Reid Thedford from Marcus & Millichap represented the parties involved in the transaction. Their expertise and negotiation skills played a crucial role in the successful sale of Robbinswood Plaza. With their assistance, the property attracted a diverse range of national tenants, making it a highly sought-after retail center in Gainesville.