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Shopping Strip

Skylark Plaza

1601 NE 25th Ave, Ocala, FL 34470

Listing Price: $7,200,000

Cap Rate
7.00%
Rentable SF
86,011
Lot Size
10.62 acres
Year Built
1986

Investment Overview

86,011 Rentable Square Foot Mixed-Use Plaza in Ocala, FL

Investment Highlights

  • 86,011 Rentable Square Foot Mixed-Use Plaza in Ocala, FL
  • Currently 86% Occupied | Situated on 10.62 Acres
  • Value-Add Upside Through Low Rents & Vacancy Lease-Up
  • Priced Well Below Replacement Cost at $84/SF
  • Three Largest Tenants Include: Silver River Mentoring & Instruction, Unity Place Housing, and Department of Education
  • Direct Frontage on NE 25th Avenue and Almost Immediate Access to NE 14th Street (19,400 AADT)

Exclusively Listed By

Financing By

Shopping Strip

Skylark Plaza

Listing Price: $7,200,000

Cap Rate
7.00%
Rentable SF
86,011
Lot Size
10.62 acres
Year Built
1986

Investment Highlights

  • 86,011 Rentable Square Foot Mixed-Use Plaza in Ocala, FL
  • Currently 86% Occupied | Situated on 10.62 Acres
  • Value-Add Upside Through Low Rents & Vacancy Lease-Up
  • Priced Well Below Replacement Cost at $84/SF
  • Three Largest Tenants Include: Silver River Mentoring & Instruction, Unity Place Housing, and Department of Education
  • Direct Frontage on NE 25th Avenue and Almost Immediate Access to NE 14th Street (19,400 AADT)

Investment Overview

86,011 Rentable Square Foot Mixed-Use Plaza in Ocala, FL

Exclusively Listed By

Financing By

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