9360 Hwy 441
Ocala, FL 34480
Frontier Plaza - Ocala, FL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Historical Occupancy: 93% Occupancy With Majority of Tenants Having Spent 7+ Years in the Center
- Development Opportunity: Additional Developable Land Zoned B-5 in Rear of Property With Separate Access Road Entrance
- Frontage and Visibility on Highway 441, Which Sees Over 32,000 + VPD
- Growing Market: Ocala Has Seen Exponential Growth Over the Last Decade
- Rental Increases: 5% Rent Bumps Upon Renewal of Lease; WALT of 1.34 Provides For Immediate Upside in Coming Year
- Multiple Units Allows For Mitigated Vacancy Risk
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,600 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
3.00 AC
Zoning
B5 - Commercial
Parking
39 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 36941-000-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $786,012 |
