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Advance Auto Parts - Ocala, FL 187 Marion Oaks Blvd 6,889 SF Retail Building Ocala, FL 34473 $2,750,000 ($399.19/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Florida is a tax-free state.
- Within 50 miles of Ocala, there are ~1.5 million people, attractive for businesses needing a regional draw.
- Retail trade is one of the top employment sectors in Ocala, supporting consumer spending for automotive parts, maintenance, and similar services.
- Ocala MSA experienced ~4% population growth year-over-year (2023-2024), making it one of the fastest-growing metro areas in the U.S.
- Advance Auto Parts is a known national brand, which attracts loyal & repeat customers.
- The site benefits from proximity to major transportation routes: I- 75 is nearby, with access via County Road 484.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to offer a new construction Advance Auto Parts located at 187 Marion Oaks Blvd in Ocala, FL. The 2025 build-to-suit is backed by a 15-year corporate-guaranteed lease, delivering secure, long-term income from one of the nation’s top automotive retailers.
Located near I-75 with direct access via County Road 484, the site offers strong visibility and connectivity, surrounded by a rapidly growing residential community. With minimal landlord responsibilities, credit-backed income, and a recession-resistant tenant, this property is a compelling opportunity for investors seeking a high-quality, passive asset in a growth market.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
Located near I-75 with direct access via County Road 484, the site offers strong visibility and connectivity, surrounded by a rapidly growing residential community. With minimal landlord responsibilities, credit-backed income, and a recession-resistant tenant, this property is a compelling opportunity for investors seeking a high-quality, passive asset in a growth market.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
6,889 SF
Building Class
B
Year Built
2025
Price
$2,750,000
Price Per SF
$399.19
Cap Rate
6%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.10 AC
Zoning
B2 - Single-Family Residential areas
Parking
19 Spaces (2.76 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Advance Auto Parts
- Retailer
- 6,889 SF
- $23.95
- Triple Net
- Jun 2040
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Advance Auto Parts | Retailer | 6,889 SF | $23.95 | Triple Net | Jun 2040 |
PROPERTY TAXES
| Parcel Number | 8001-0254-08 | Improvements Assessment | $0 |
| Land Assessment | $216,000 | Total Assessment | $216,000 |
PROPERTY TAXES
Parcel Number
8001-0254-08
Land Assessment
$216,000
Improvements Assessment
$0
Total Assessment
$216,000
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Advance Auto Parts - Ocala, FL | 187 Marion Oaks Blvd
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