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Fifth Third - Ocala FL | 2605 NW 46th Ter.
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Fifth Third - Ocala FL 2605 NW 46th Ter.
1,900 SF Retail Building Ocala, FL 34482 £2,259,424 (£1,189/SF) 4.40% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Fifth Third is an outparcel to the Shops at Foxwood, a neighborhood center anchored by Publix
- Just West of the newly built UF Health Ocala Neighborhood Hospital, providing a direct consumer base from which to draw
- The Publix ranks in the top 75% of all nationwide locations according to Placer.ai (325 out of 1,323)
EXECUTIVE SUMMARY
Right off Interstate 75 (90,000 VPD) | Next to High-Performing Publix (Top 75th Percentile Nationwide
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
1,900 SF
Building Class
C
Year Built
2024
Price
£2,259,424
Price Per SF
£1,189
Net Initial Yield
4.40%
NOI
£99,411
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
0.92 AC
Zoning
B2 - Commercial Lot
Parking
14 Spaces (7.37 Spaces per 1,000 SF Leased)
Frontage
193 ft on Northwest 46th Terrace
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 21514-002-00 | Improvements Assessment | £0 |
Land Assessment | £382,456 | Total Assessment | £382,456 |
PROPERTY TAXES
Parcel Number
21514-002-00
Land Assessment
£382,456
Improvements Assessment
£0
Total Assessment
£382,456
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Fifth Third - Ocala FL | 2605 NW 46th Ter.
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