For Sale
$4,672,000

30 Bahia AveOcala, FL 34472

High-yield, A-rated tenant, prime location.

Overview

Added:
Jan 24
Days on market:
69
This exceptional investment opportunity presents a brand-new, 6,723-square-foot Firestone Auto Shop situated on a 1.34-acre lot in Ocala, Florida. The property boasts a 15-year NNN lease with built-in 5% rent increases every five years, providing strong, predictable cash flow. The lease is corporately guaranteed by Bridgestone Retail Operations, LLC, an investment-grade tenant with an "A" rating from S&P. This strategically located Firestone enjoys high visibility on Highway 464 (14,900 VPD), adjacent to a major Publix-anchored shopping center and a Walmart Supercenter. The surrounding area features numerous national retailers and significant residential development, including over 4,300 homes in the nearby Silver Springs Shores Community. The property's strong tenant, prime location, and long-term lease make it an ideal addition to any investment portfolio. The property includes seven service bays and opened in June 2024, generating a current NOI of $240,603 and a 5.15% cap rate. Ocala's robust economy and rapid population growth further enhance the investment potential. The asking price is $4,672,000. This is a rare opportunity to acquire a high-quality, passively managed commercial property with exceptional long-term growth prospects in a thriving Florida market.

Highlights

  • $4,672,000 asking price for a Firestone Auto Shop in Ocala, FL.
  • 15-year NNN lease with 5% rent increases every 5 years, corporately guaranteed by Bridgestone (A-rated credit).
  • 100% occupancy, generating a $240,603 NOI and a 5.15% cap rate.
  • 6,723 SF building on a 1.34-acre lot, built in 2024, with 7 service bays.
  • Excellent location adjacent to a Publix-anchored shopping center and Walmart, with other national retailers nearby.

Property Details for 30 Bahia Ave

Property type
Retail properties, Auto shops
Year Built
2024
Lot Size (sq. ft)
58,370 SF

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.11732
Longitude
-82.0188513
30 Bahia Ave, Ocala, Florida

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30 Bahia Ave
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