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

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SOLD
$6,500,000

Florida

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Retail13,218 SF
Sold 12/07/2023
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SOLD

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

3841 Archer Road

See Similar Deals
Retail13,218 SF
Sold 12/07/2023
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$491
Total Square Footage:13,218 SF
Transaction Type:Sale

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.

Players

Reid Thedford
3 deals$21.4M volume
BROKER

Evan Cannan
Marcus & Millichap
6 deals$37.7M volume
BROKER

Details

SOLD
IMAGE: Evan Cannan & Reid Thedford DATE: 12/07/2023 ADDRESS: 3841 Southwest Archer Road MARKET: Gainesville ASSET TYPE: Retail BROKERS: Evan Cannan (@EvanCannan) & Reid Thedford - Marcus & Millichap (@MarcusMillichap_fl) SALE PRICE: $6,500,000 SF: 13,218 ~ PPSF: $492 NOTE: Marcus & Millichap has sold Robbinswood Plaza in Gainesville, Florida, for $6.5 million. The 13,218-square-foot retail center on Archer Road, with national tenants like Chipotle and Trulieve, strategically sits in a high-traffic corridor between Interstate-75 and the University of Florida.

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