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Highlights
- High-exposure retail center positioned just off US Highway 441 in the heart of Summerfield’s commercial corridor.
- Convenient access to The Villages, a major regional destination driving significant customer traffic.
- Surrounded by national retailers including Walmart, ALDI, and multiple quick-service and casual dining brands.
- Existing restaurant build-out with provisions for kitchen and dining setup, reducing time to operation.
- Part of a professionally managed shopping center offering ample surface parking and complementary co-tenants.
- Located within a growing Marion County market with easy access to residential communities, healthcare services, and major roadways.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at The Terrace Shoppes
- Tenant
- Description
- US Locations
- Reach
- Ace Handyman Services
- Home Improvement
- 119
- National
- Campo Azul Mexican Kitchen
- Restaurant
- 1
- Local
- H&R Block
- Acctg/Tax Prep
- 12,475
- International
- Hospice Thrift Store
- Dollar/Variety/Thrift
- 6
- Local
- King Gardens
- Restaurant
- 1
- Local
- Miyako Japanese Steakhouse & Sushi
- Restaurant
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Ace Handyman Services | Home Improvement | 119 | National |
| Campo Azul Mexican Kitchen | Restaurant | 1 | Local |
| H&R Block | Acctg/Tax Prep | 12,475 | International |
| Hospice Thrift Store | Dollar/Variety/Thrift | 6 | Local |
| King Gardens | Restaurant | 1 | Local |
| Miyako Japanese Steakhouse & Sushi | Restaurant | 1 | Local |
Property Facts
| Total Space Available | 1,000 SF | Total Land Area | 6.82 AC |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Storefront | Parking Ratio | 5.95/1,000 SF |
| Gross Leasable Area | 41,984 SF |
| Total Space Available | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 41,984 SF |
| Total Land Area | 6.82 AC |
| Year Built | 1998 |
| Parking Ratio | 5.95/1,000 SF |
About the Property
Located in the Spruce Creek Shoppes within Summerfield, Florida, this retail opportunity offers exceptional visibility in one of the most trafficked corridors near The Villages. Positioned along SE 109th Avenue and easily accessible from US Highway 441, the property benefits from strong regional connectivity and a growing population base in Marion County, home to an active retiree community as well as established residential neighborhoods. The space is configured as a second-generation restaurant environment, creating a turnkey platform for food service operators or retail businesses seeking an established commercial setting. Ample on-site parking, central HVAC, and a community of nearby national retailers, grocery anchors, and service providers enhance its appeal. High proximity to Walmart Supercenter, ALDI, and additional lifestyle services ensures consistent customer flow. The surrounding market continues to experience expansion, supported by suburban development and major road infrastructure, providing businesses with access to an established consumer base and strong traffic patterns.
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Contact the Leasing Agent
The Terrace Shoppes | 17860 SE 109th Ave




