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Absolute NNN Retail Property
For Sale
Contact for pricing
Pending

1515 Ohio Ave S, Live Oak, FL 32064

Signalized corner asset with drive-through access and an established surrounding retail mix.

Property SizeContact for details
Days on Market142

Property Features for 1515 Ohio Ave S

General Information

Standard status Pending
Property subtype Retail

Site & Location

Corner Location Yes
Drive-Thru Yes
Anchor Co-Tenants Save A Lot, Harbor Freight Tools

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Nashville
Listed By: Jason Hernandez · License #CA 01392646
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Nashville

Investment Insights

Based on property information with market context.

This retail property at 1515 Ohio Ave S in Live Oak, Florida, is leased under an absolute NNN structure with no landlord management or maintenance responsibilities. The agreement provides 5% rent increases every 5 years during the original term, along with 12 five-year renewal options if exercised. Walgreen Co. serves as the lease guarantor.

The property occupies a signalized corner with frontage on Ohio Avenue S and Pinewood Drive SW. It is positioned on an outparcel serving Save A Lot and Harbor Freight Tools, with additional nearby retailers including Bealls Outlet, Subway, Dollar General, Burger King, Roses, Little Caesars Pizza, Cricket Wireless, and Ellianos Coffee. The site also includes a drive-through lane. Live Oak is located in northern Florida near Interstate 10 and Interstate 75, with U.S. Routes 90 and 129 running through the city.

Key Highlights

  • Absolute NNN lease with no landlord management or maintenance responsibilities
  • 5% rent increases every 5 years during the original term
  • 12 five‑year renewal options if exercised

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Storage Facility Bakery Garden Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby

Demographics for 32064, FL

7,495
Population
3,645
Households
2.1
Avg Household Size
41
Median Age
15%
College-Educated
90%
High-School Grad
9.3 sq mi
ZIP Area
806
Density / Sq Mi
$50,315
Median Household Income
$28,625
Median Earnings
$908
Median Rent
$164,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Signalized corner asset with drive-through access and an established surrounding retail mix.
Where is this nnn property located?
The property is located at 1515 Ohio Ave S Live Oak, FL.
What are key features of this property?
This property features: Absolute NNN lease with no landlord management or maintenance responsibilities; 5% rent increases every 5 years during the original term; 12 five‑year renewal options if exercised
More about this property
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