24000 W Newberry Rd, Newberry, FL 32669

PROPERTY OVERVIEW

• Ground Rent. $225,000/yr, NNN
• Property. ±2.0 AC
• Prominent Visibility at Signalized Intersection. NWC of W Newberry Rd (SR 26) & Newberry Ln
• Delivery. As-Is
• Utilities. To site
• Access (proposed). RI/RO on W. Newberry Rd (SR 26); FI/FO on Newberry Ln
• Zoning. CA (Commercial Automotive), Newberry Code
• Parcel ID. 01932-001-001 Parcel Map
• Adjacent Retailers. Publix (‘25) and coming soon: Wawa, Chipotle, McDonald’s, Wendy’s, Heartland & Advance Auto

LOCATION OVERVIEW

• Strategic Location. Proximity to Gainesville and the Univ. of Florida
  • Located on W Newberry Rd (SR 26), a major regional connector across North Central Florida
  • Surrounded by multiple residential projects in the pre-construction and planning phases
• Affluent & Stable Demographics. Average HH Incomes >$100K and high home ownership rate ~93%
• Strong Population Growth. Newberry has grown ~18% since ‘20. The rapid residential growth will continue and is driving demand for new retail and services.

GROUND LEASE TERMS

• Ground Rent. $225,000/yr, NNN
• Availability. Immediate Opportunity
• Term. Negotiable
• Delivery. “As-Is”