Value-Add Retail Center with National Tenants 9598 SW 114th St 90,929 SF Retail Building Online Auction Sale Ocala, FL 34481

Discover a remarkable value-add retail investment with a prime location in Marion County at 9598 SW 114th Street in Ocala, Florida, the Country Oaks Retail Center. Delivered fully occupied, with anchor tenant Beall’s set to move out of the space in April 2026, this rare opportunity allows a new owner to secure a new anchor tenant with favorable lease terms to elevate the value of this well-positioned asset.

Country Oaks Retail Center comprises a total of 90,929 square feet, which was originally built in 2006 and meticulously maintained. The property has received numerous upgrades over the years, including a full roof replacement in 2023. In addition to Beall’s, the current tenant mix includes a diverse selection of industry-leading brands, including Dollar Tree, Workout Anytime, and Sherwin-Williams, as well as a popular local salon, Rose Nails. The building is situated on a 10.22-acre lot with lush landscaping, multiple access points, and abundant on-site parking for over 375 vehicles.

Poised just off the intersection of Highway 200 and SW Highway 484, Country Oaks Retail Center is uniquely positioned to capitalize on high traffic counts and nearby demand drivers. Prominent monument signage at the entrance from Highway 200 provides direct exposure to almost 20,000 daily vehicles, with another 10,000 vehicles passing on SW Highway 484. The center is neighbored by an established power center anchored by Walmart Supercenter, with other national brands such as Advance Auto Parts, Lee’s Famous Recipe Chicken, and Bob Evans, drawing added customer traffic to the intersection. These shopping centers serve as the last retail amenities at the gateway between Ocala and the Ross Prairie and Half Moon Wildlife Management Areas, as well as the Halpata Tastanaki Nature Preserve. This ideal location allows Country Oaks Retail Center to benefit from strong visitor traffic of regional travelers exploring the area’s scenic trails and campsites.

A new owner will be able to lean on solid fundamentals in the local retail submarket, as well as a strong regional customer base, when sourcing a new anchor tenant. The Outlying Marion County Retail Submarket boasts vacancies of just 4.1%, with elevated demand driving asking rents up by 2.8% during the past 12 months. The area’s demand for retail space is driven by a valuable demographic profile of potential customers when looking within a 10-mile radius. The area’s population currently sits above 116,000, up over 11% since 2020. This rapidly growing pool of shoppers command an average household income of more than $76,000 and delivered annual consumer spending of more than $1.4 billion during 2024.

Claim an income-producing shopping center offering a high-traffic location and the upside to secure a new anchor tenant at elevated submarket rents at 9598 SW 114th Street, the Country Oaks Retail Center.

Property tours are by appointment only. Please contact the listing broker to schedule.