917 N Pine Ave, Ocala, FL 34475
Large-format 7-Eleven convenience store with an on-site car wash, leased under a corporate agreement with renewal options.
Property Features for 917 N Pine Ave
General Information
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Investment Insights
Based on property information with market context.
The site is situated on 1.87 acres at a prominent signalized intersection with access provided by North Pine Avenue and NW 9th Street, at North Pine Avenue/Highway 27. The remarks cite traffic counts of 32,500 VPD on North Pine Avenue/Highway 27 and 16,900 VPD on NW 9th Street. North Pine Avenue provides direct access to Downtown Ocala, and Highway 27 connects to Interstate 75 just under three miles away.
The property is backed by a 15-year corporate lease with four (4) five-year renewal options and 10% rental increases every fifth year throughout the lease term, according to the offering remarks.
Key Highlights
- Large‑format 7‑Eleven convenience store with an on‑site car wash, leased under a corporate agreement.
- Lease started with the location opening in December 2021; backed by a 15‑year corporate lease with four (4) five‑year renewal options.
- Rental increases of 10% every 5th year throughout the lease.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 34475, FL
Market
Vacancy Rate% for Retail in South region
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