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Salt Springs Square 14100 N Highway 19 19,916 SF 100% Leased Retail Building Salt Springs, FL 32134 $1,300,000 ($65.27/SF) 3.98% Cap Rate

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Investment Highlights

  • Over 80% occupancy with long term leases, stable cash flow producing asset in the Ocala, FL MSA, the fastest-growing metro in the United States
  • 59 humidity-controlled self-storage units, averaging near 90% occupancy and generating steady monthly income.
  • .97 acres outparcel included with site-ready conditions. B-2 zoning permits hotel, motel, restaurant, and fast food with drive-thru access.
  • Ocala, FL metro had a 2023 GDP of nearly $16B and a projected population growth of up to 30% by 2040.
  • Potential Gross Income (PGI) annually for 11 leasable suites is $145k at market average of $9 SF.
  • Adjacent Salt Springs Resort—home to 500 RV sites and 39 cottages, operates near full capacity, planning to build 24 new sites.

Executive Summary

19,916 SF retail plaza located in the Ocala, FL MSA, ranked by the U.S. Census Bureau as the fastest-growing metro in the United States (2024). With over 80% occupancy and long-term leases in place, the asset delivers stable, reliable cash flow in a high-demand market. The Ocala MSA ranked #36 out of 200 large U.S. metros in the 2024 Milken Institute Best-Performing Cities Index, supported by a 2023 GDP of approximately $16 billion (Milken Institute / BEA). Further reinforcing long-term demand, the University of Florida’s Bureau of Economic and Business Research (BEBR) projects Marion County population growth of up to 30% by 2040. In addition to 11 leasable retail suites, the property includes 59 humidity-controlled self-storage units, averaging approximately 90% occupancy and generating significant, steady monthly income, providing a diversified revenue stream. Retail interiors feature configurable wall systems, allowing for future reconfiguration, tenant expansion, or repositioning as market demand evolves. The offering includes two parcels totaling 3.73 acres, both zoned B-2 (Community Business) and served by public water and sewer. An outparcel presents site-ready development potential, offering additional upside. B-2 zoning allows for a broad range of commercial uses, including hotel, motel, restaurant, and fast-food uses with drive-thru access, supporting long-term redevelopment and tenant flexibility. Located in the heart of Salt Springs, the plaza sits adjacent to Salt Springs Resort, which includes approximately 500 RV sites and 39 cottages and operates at consistently high occupancy (resort operator data). Directly across State Road 19 is the Salt Springs Recreation Area, one of the most visited destinations within the Ocala National Forest, which attracts millions of visitors annually (U.S. Forest Service). Notably, more than 8.2 million people—over one-third of Florida’s population—live within a one-hour drive of the Ocala National Forest (U.S. Census Bureau / USFS access data). The property’s proximity to the forest positions it at the center of Florida’s thriving eco-tourism market, driving consistent year-round foot traffic and sustained demand for retail, service, and hospitality businesses in the immediate area. This represents a rare opportunity to acquire a stabilized, income-producing retail asset with multiple revenue streams, expansion potential, and long-term upside in one of Florida’s most dynamic growth markets.

Data Room Click Here to Access

Financial Summary (Actual - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
19,916 SF
Building Class
B
Year Built/Renovated
1986/2005
Price
$1,300,000
Price Per SF
$65.27
Cap Rate
3.98%
NOI
$51,715
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
3.73 AC
Zoning
B2 - Community Business
Parking
69 Spaces (3.46 Spaces per 1,000 SF Leased)
Frontage
350’ on North Highway 19

Amenities

  • Courtyard
  • Property Manager on Site
  • Pylon Sign
  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • A
  • 2,721 SF
  • Office/Retail
  • End Cap
  • 30 Days

Suite A offers a flexible retail layout with excellent visibility within the plaza and is positioned to benefit from strong daily traffic generated by the surrounding resort and recreational attractions. The space is offered on a modified gross basis, providing predictable operating expenses for tenants seeking affordability and stability. Suite A is available at a monthly rate of $2,100 with a minimum three-year lease term, making it an ideal option for businesses looking to establish a steady presence in a high-demand, tourism-supported corridor. Its placement within a center that maintains over eighty percent occupancy and draws customers from both long-term tenants and the on-site humidity-controlled storage facility further strengthens its appeal.

  • E
  • 2,500 SF
  • Office/Retail
  • End Cap
  • 30 Days

Suite E provides a well-located retail opportunity within Salt Springs Square and offers the same modified gross lease structure that supports consistent cost management for tenants. Priced at $1,900 per month with a minimum commitment of three years, the suite is positioned to attract a wide range of service, retail, or hospitality uses that benefit from proximity to the Salt Springs Resort and high-traffic recreation areas across State Road 19. Suite E also enjoys the advantages of an established tenant mix, reliable customer activity across the center, and visibility supported by both local residents and steady streams of year-round visitors.

Space Size Space Use Position Available
A 2,721 SF Office/Retail End Cap 30 Days
E 2,500 SF Office/Retail End Cap 30 Days

A

Size
2,721 SF
Space Use
Office/Retail
Position
End Cap
Available
30 Days

E

Size
2,500 SF
Space Use
Office/Retail
Position
End Cap
Available
30 Days

A

Size 2,721 SF
Space Use Office/Retail
Position End Cap
Available 30 Days

Suite A offers a flexible retail layout with excellent visibility within the plaza and is positioned to benefit from strong daily traffic generated by the surrounding resort and recreational attractions. The space is offered on a modified gross basis, providing predictable operating expenses for tenants seeking affordability and stability. Suite A is available at a monthly rate of $2,100 with a minimum three-year lease term, making it an ideal option for businesses looking to establish a steady presence in a high-demand, tourism-supported corridor. Its placement within a center that maintains over eighty percent occupancy and draws customers from both long-term tenants and the on-site humidity-controlled storage facility further strengthens its appeal.

E

Size 2,500 SF
Space Use Office/Retail
Position End Cap
Available 30 Days

Suite E provides a well-located retail opportunity within Salt Springs Square and offers the same modified gross lease structure that supports consistent cost management for tenants. Priced at $1,900 per month with a minimum commitment of three years, the suite is positioned to attract a wide range of service, retail, or hospitality uses that benefit from proximity to the Salt Springs Resort and high-traffic recreation areas across State Road 19. Suite E also enjoys the advantages of an established tenant mix, reliable customer activity across the center, and visibility supported by both local residents and steady streams of year-round visitors.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 11679-000-01
  • 11679-000-02
Land Assessment
$67,392 (2025)
Improvements Assessment
$17,065 (2025)
Total Assessment
$1,008,931 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 36260529

  • Date on Market: 6/14/2025

  • Last Updated:

  • Address: 14100 N Highway 19, Salt Springs, FL 32134

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