2416 SE 58th Ave - Storefront FOR SALE
Ocala, FL 34480 |
$5,600,000 USD
866-889-0550
2416 SE 58th Ave
Ocala, FL 34480
HIGHLIGHTS
- Located in Florida, one of the few states with no state income tax, offering investors potential tax savings and increased net returns.
- Current rental rates are below market, offering a strong opportunity for rent growth and increased cash flow as leases renew.
- Ocala’s booming economy, growing population, and demand for retail space position this asset within a thriving market.
- The property’s current occupancy allows for income growth through lease-up and proactive management.
- The property includes an outparcel ready for development, offering additional income potential and the flexibility to attract new tenants
FOR SALE DETAILS
PRICE
$5,600,000 USD
PRICE/SF
$137 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BASELINE PLAZA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
196
LAND DETAILS
LAND ACRES
5.76 AC
LAND SF
250,752 SF
ZONING
C2
APN/PARCEL ID
29697-017-01,29697-017-02
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
866-889-0550
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
866-889-0550
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
