Fifth Third - Ocala FL 2605 NW 46th Ter. 1,900 SF Retail Building Ocala, FL 34482 $2,841,000 ($1,495.26/SF) 4.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Fifth Third is an outparcel to the Shops at Foxwood, a neighborhood center anchored by Publix
- Just West of the newly built UF Health Ocala Neighborhood Hospital, providing a direct consumer base from which to draw
- The Publix ranks in the top 75% of all nationwide locations according to Placer.ai (325 out of 1,323)
EXECUTIVE SUMMARY
Right off Interstate 75 (90,000 VPD) | Next to High-Performing Publix (Top 75th Percentile Nationwide
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
1,900 SF
Building Class
C
Year Built
2024
Price
$2,841,000
Price Per SF
$1,495.26
Cap Rate
4.40%
NOI
$125,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.92 AC
Zoning
B2 - Commercial Lot
Parking
14 Spaces (7.37 Spaces per 1,000 SF Leased)
Frontage
193’ on Northwest 46th Terrace
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21514-002-00 | Improvements Assessment | $0 |
| Land Assessment | $480,900 | Total Assessment | $480,900 |
