Summit View at Corta Commons
Premier Grocery-Anchored Investment Opportunity in one of Florida's Fastest Growing Communities
Marketing description
Newmark Retail Capital Advisors is pleased to exclusively present the opportunity to acquire Summit View at Corta Commons (the “Property”), a newly constructed grocery-anchored regional community shopping center located in the rapidly growing community of Lecanto, Citrus County, Florida. Completed in 2026, the Property is 100% leased to an exceptional best-in-class tenant roster led by Sprouts, Ulta Beaty, Five below, Dollar Tree, and Planet Fitness. Summit View at Corta Commons also features a dynamic and synergistic inline tenant line-up, including Bath & Body Works, America’s Best Contacts & Eyeglasses, and Kay Jewelers. The Property is also shadow-anchored by a high-volume Target, BJ’s Wholesale Club (under construction), Aldi and strong complement of national outparcel tenants (Longhorn Steakhouse, Chase Bank, Heartland Dental, Metro Diner, Starbucks, KFC, Texas Roadhouse, Panera Bread).
The Property is strategically located at Citrus County’s dominant retail intersection, W Norvell Bryant Highway/N Lecanto Highway, drawing customers from a wide geographic region with exceptional high-traffic co-tenancy that includes 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
- Explosive Residential Growth Underway in the Immediate Vicinity
- Dynamic Retail Fundamentals
- Institutional Quality New Construction
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