Marcus & Millichap announced on Thursday the sale of Robbinswood Plaza for $6.5 million. 

The property is a 13,218-square-foot retail center comprised of six fully occupied suites featuring national tenants such as Chipotle and Trulieve.  

“Robbinswood Plaza is ideally located on Archer Road which sees 50,000-plus cars per day and is the main retail corridor of Gainesville,” said Reid Thedford, senior investment advisor and University of Florida Alumni, in a press release. “The shopping center is just two miles away from the University of Florida. Very few commercial properties trade on Archer Road and the amount of activity our team generated was enormous.” 

Positioned between Interstate 75 and the University of Florida, the plaza sits within a dense retail corridor that includes Chick-fil-A, Publix and Target.