4650 Blitchton RdOcala, FL 34482

Property Details for 4650 Blitchton Rd

Year built

2024

Lot size

1.00 AC

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a fee-simple, single-tenant Starbucks located in Ocala, Florida. The 2,500 square foot building, constructed in 2024, sits on a one-acre lot with 31 parking spaces and boasts 100% occupancy. The property benefits from a strong net lease (NN) with a credit-rated tenant, offering a 5.15% cap rate and a substantial NOI of $214,805. The lease includes 10% rent bumps every five years and six 5-year options. Strategically positioned off Interstate 75 (90,000 vehicles per day) and adjacent to a high-performing Publix supermarket (75th percentile nationwide), this location enjoys exceptional visibility and access. The property is part of the Shops at Foxwood, a thriving neighborhood center. Ocala's robust growth, ranking 6th among the fastest-growing cities in the US, and its strong demographics (average household income exceeding $82,000 within a one-mile radius, over 54,000 residents within five miles) further enhance the investment's appeal. Proximity to the World Equestrian Center and a new UF Health Neighborhood Hospital adds to the property's strategic advantages. The asking price is $4,171,000. This is a rare opportunity to acquire a high-performing, well-located Starbucks in a rapidly expanding market.

Location Insight

City

Ocala

County

Marion

State

Florida

Latitude

29.2118

Longitude

-82.1978

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].