Summit View Shoppes at Corta Commons
Quadruple Shadow Grocery-Anchored Multi-Tenant Strip Investment Opportunity
Marketing description
Newmark Retail Capital Advisors is pleased to exclusively present the opportunity to acquire Summit View Shoppes at Corta Commons (the “Property”), a newly constructed multi-tenant retail center located in the rapidly growing community of Lecanto, Citrus County, Florida. Completed in 2026, the Property totals 11,910 SF and is 100% leased to a high-quality national tenant roster led by Heartland Dental, Metro Diner, and Mattress Warehouse. Summit View Shoppes at Corta Commons benefits from strong traffic generating adjacent co-tenancy that includes Target, BJ’s Wholesale Club (under construction), Sprouts, Aldi, Ulta Beauty, Five Below, Dollar Tree, Planet Fitness, Bath & Body Works, America’s Best Contacts & Eyeglasses, Kay Jewelers, Longhorn Steakhouse, Texas Roadhouse, Starbucks, KFC, Chase Bank, and Panera Bread among others.
The Property is strategically located at Citrus County’s dominant retail intersection, W Norvell Bryant Highway/N Lecanto Highway, with exceptional high-traffic co-tenancy that draws customers from a wide geographic region, including Walmart Supercenter, Hobby Lobby, PetSmart, Skechers, Chipotle. Five Guys Burgers & Fries, Glory Days Grill, and McDonald’s among others. There is an impressive combined +5.5 million visitors to intersection annually.
Investment highlights
- Bondable Income Stream from Best-In-Class Tenant Roster
- Strategic Location at Citrus County’s Dominant Retail Intersection
- Continued Expansion of the Suncoast Parkway Will Spur Tremendous Residential Development and Drive Tenant Sales Growth
- Dynamic Retail Fundamentals
- Institutional Quality New Construction
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