Property Description

Prime Retail Space on SW College road in Ocala Florida. Ocala West is a distinguished 114,902 SF retail center prominently located in Ocala's premier retail corridor. This center is anchored by a high-traffic Hobby Lobby, the top performer in Florida, contributing to over 1.06 million annual visitors. The site has recently undergone significant renovations, including a facade upgrade and new tenant signage, enhancing its appeal and visibility. Key features include: - Strong tenant history with over 60% of shop space tenants in place for over 10 years. - Proximity to major retail destinations like Paddock Mall and Gaitway Plaza, along with a dense surrounding market that includes medical facilities and educational institutions. - Excellent accessibility, situated less than 2 miles from Interstate 75 and featuring a signalized primary entrance. - Competitive rental terms with below-market rates and low retail vacancy in the immediate area. - NNN charges for 2024 = $5.00/sf/yr Ideal for retailers seeking high visibility and traffic in a thriving and well-established shopping destination. Vacant unit 201 is former hair salon with electrical outlets/mirrors for half dozen cut stations, plus sink stubs for 3 wash sinks, 2 small private offices, rear storage room and 1 bathroom. Rate: $24/sf Base + $5.00/sf NNN = $2,175/mo plus ST

Property Details