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34367795

3209 West Norvell Bryant Highway, Lecanto, FL 34461 For Sale

MJ
GA 321958, SC 83246 (+2)
Newmark - Atlanta - 3455 Peachtree Road
MB
CA 01977909
Newmark | Orange County - Irvine
DF
GA 262066, AL 000076170 (+2)
Newmark - Atlanta - 3455 Peachtree Road
Listed by Newmark - Atlanta - 3455 Peachtree Road, Newmark | Orange County - Irvine
Unpriced
3 days on market
Updated 3 days ago

Summit View at Corta Commons

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 82,732
Net Rentable (SqFt) 82,732
Units 9
NOI $2,100,000
Occupancy 100%
Tenancy Multi
Class A
Year Built 2026
Acreage 12.200
Ground Lease No

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

Listing Contacts

MJ
GA 321958, SC 83246 (+2)
Newmark - Atlanta - 3455 Peachtree Road
MB
CA 01977909
Newmark | Orange County - Irvine
DF
GA 262066, AL 000076170 (+2)
Newmark - Atlanta - 3455 Peachtree Road
Listed by Newmark - Atlanta - 3455 Peachtree Road, Newmark | Orange County - Irvine

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$2,100,000.00
$175,000.00/mo

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