
14th Street Plaza | 1007 NE 14th St
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14th Street Plaza 1007 NE 14th St Local commercial 2 366 m² 100 % Loué À vendre Ocala, FL 34470 3 031 842 € (1 281,29 €/m²) Taux de capitalisation 6,64 %



INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- BELOW MARKET RENTS: Current net rents average $9.26/SF, significantly below the Ocala market average of $18.15/SF per CoStar.
- UPGRADED BUILDING SYSTEMS: All electrical and plumbing fully replaced and upgraded (2008-present) with permits.
- PROXIMITY TO NATIONAL RETAILERS: Nearby brands include Walmart, CVS, Save-A-Lot, Dunkin’, Popeyes, Family Dollar, and McDonald’s.
- EXTENSIVE CAPITAL IMPROVEMENTS: Roof redone in 2018 with new membrane and reflective coating; covered under material warranty until 2038.
- MODERNIZED HVAC: Majority of HVAC units replaced or rebuilt between 2018-2024, ensuring efficient climate control and reduced near-term capital needs.
- POSITIVE RENT GROWTH OUTLOOK: Per CoStar, market rents are projected to grow at 2.5% annually from 2024–2029, supporting long-term income growth.
RÉSUMÉ ANALYTIQUE
Marcus & Millichap’s TC Retail Group is proud to present 1007–1053 NE 14th Street, Ocala, FL 34470, a fully occupied, 16-tenant retail center totaling 25,470 square feet on 1.73 acres, strategically positioned at the intersection of NE 14th Street and NE 10th Avenue. Located just minutes from Downtown Ocala, the center benefits from excellent visibility, dual frontage, and exposure to nearly 20,000 vehicles per day.
Renovated in 2008, the property has been well maintained and offers a diverse mix of neighborhood-serving tenants. Many tenants have been in place for multiple years, contributing to the center’s consistent occupancy and dependable income stream. According to CoStar, the Ocala retail market boasts a vacancy rate under 5% with market rents averaging $18.15/SF, positioning this asset well below market at current net rents of $9.26/SF. Significant upside exists through lease renewals, rent adjustments, and the value-add opportunity of converting existing gross leases to NNN structures. The offering price of $139/SF is also well below estimated replacement cost, delivering an attractive entry point for investors seeking immediate yield with strong long-term growth potential.
The center sits in a well-established trade area surrounded by residential neighborhoods, schools, and government offices, ensuring consistent daily foot traffic. The location is easily accessible through major roads, including U.S. Highway 301 and State Road 40, and is less than 10 minutes from both Downtown Ocala and AdventHealth Ocala, the city’s largest medical employer.
Nearby national retailers include Walmart, CVS, Save-A-Lot, Dunkin’, Popeyes, Family Dollar, McDonald’s, and others — reinforcing the area’s retail demand and contributing to long-term tenant performance.
Renovated in 2008, the property has been well maintained and offers a diverse mix of neighborhood-serving tenants. Many tenants have been in place for multiple years, contributing to the center’s consistent occupancy and dependable income stream. According to CoStar, the Ocala retail market boasts a vacancy rate under 5% with market rents averaging $18.15/SF, positioning this asset well below market at current net rents of $9.26/SF. Significant upside exists through lease renewals, rent adjustments, and the value-add opportunity of converting existing gross leases to NNN structures. The offering price of $139/SF is also well below estimated replacement cost, delivering an attractive entry point for investors seeking immediate yield with strong long-term growth potential.
The center sits in a well-established trade area surrounded by residential neighborhoods, schools, and government offices, ensuring consistent daily foot traffic. The location is easily accessible through major roads, including U.S. Highway 301 and State Road 40, and is less than 10 minutes from both Downtown Ocala and AdventHealth Ocala, the city’s largest medical employer.
Nearby national retailers include Walmart, CVS, Save-A-Lot, Dunkin’, Popeyes, Family Dollar, McDonald’s, and others — reinforcing the area’s retail demand and contributing to long-term tenant performance.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Restaurant
Surface de l’immeuble
2 366 m²
Classe d’immeuble
B
Année de construction
1958
Prix
3 031 842 €
Prix par m²
1 281,29 €
Taux de capitalisation
6,64 %
RNE
201 417 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,34
Surface du lot
0,70 ha
Zone de développement économique [USA]
Oui
Zonage
B-4
Stationnement
96 places (40,57 places par 1 000 m² loué)
Façade
80 m sur 14th St
CARACTÉRISTIQUES
- Enseigne sur pylône
- Signalisation
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PRINCIPAUX COMMERCES À PROXIMITÉ






TAXES FONCIÈRES
Numéro de parcelle | 25988-000-00 | Évaluation des aménagements | 0 € |
Évaluation du terrain | 0 € | Évaluation totale | 1 061 959 € |
TAXES FONCIÈRES
Numéro de parcelle
25988-000-00
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
1 061 959 €
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VIDÉOS
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
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14th Street Plaza | 1007 NE 14th St
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