Listed by Fortune International Realty
$525,000
Approval Retail Mall Developer Opportunity OCALA, FLORIDA
Details
Property Type Land, Retail
Sub Type Commercial, Shopping Center
Square Footage 13,000
Net Rentable (SqFt) 12,000
Units 8
Tenancy Multi
Lease Type Absolute NNN
Lease Term 3
Remaining Term 3
Rent Bumps No
Lease Options 3
Pro-Forma NOI $215,325
Price per SqFt $37
Price Per Acre $13
Broker Co-Op Yes
Class B
Buildings 1
Stories 1
Acreage 1.200
Zoning Commercial
Parking Spaces 44 spaces
Parking Per SqFt 3.38
Investment Type Net Lease
Ground Lease Yes
Ownership LLC
Land | 1.2 acres
Marketing description
Project include the land with the all permit for sating the construction of the shopping Center The seller is willing to financing 50 % of LTV. @ 6 % for 24 Months
This project is located on a high traffic commercial street offering services to local residents. Easy access to and from nearby residential area. The lots are zoned commercial. The area is a fast-growing work force sector of Marion County located a few miles from the Amazon Distribution Center and other industrial distribution hubs, providing thousands of jobs. Just a few minutes to Interstate Highway I-75.
Video link - https://app.frame.io/presentations/a60f3940-8fa6-49ae-928e-1364a61b0a56
Investment highlights
The land include Full report & Study below
- SURVEY & CAD FILE
- ESA PHASE I ENVIROMENTAL SITE
- GEOTECHNICAL REPORT
- ARQUITECT DEISGN DEVELOPMENT
- CONSTRUCTION PERMIT
Listing Contacts
Listed by Fortune International Realty
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