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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
Department Store
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
199’ on Hwy 441

Property Taxes

Property Taxes

Parcel Number
36941-000-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$939,971
  • Listing ID: 30893869

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 9360 Hwy 441, Ocala, FL 34480

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