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Retail

Newberry Crossings

Gainesville , FL

114,693 SqFt

Built in 1988

Core Plus

Investment Highlights

  • 114,693 SF Shopping Center - Anchored by TJ Maxx/HomeGoods
  • 8.5 Years Remaining on TJ Maxx Lease with Moody's Credit Rating of A2
  • Strong Store Sales and Low Rent to Sales Ratio for TJ Maxx
  • Located Directly Across the Street from Publix Supermarket
  • 94% of Existing Tenancy has Occupied their Space for Over 10 Years and Most have Exercised Renewal Options
  • Weighted Average Lease Term Remaining: 6.25 Years
  • Located Just off I-75 Ramp onto West Newberry Road
  • 4.2 Miles West of University of Florida Campus

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