Hobby Lobby-Anchored Shopping
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2400 SW COLLEGE RD, Ocala, FL 34471
Retail center with long-standing shop tenants, recent exterior improvements, and multiple access points from major commercial roads.
Property Size84,902 SF
Price / SF$117.19
Days on Market5
Property Features for 2400 SW COLLEGE RD
General Information
Standard status
Active
Size
84,902 SF
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Hobby Lobby
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Atlanta
Listed By:
Brian Munn · License #GA 263081
Source:
Crexi
Added: Sep 8
Changed: Sep 11
Last Checked: Sep 12 at 5:26AM
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 - Atlanta
Investment Insights
Based on property information with market context.
Ocala West is an 84,902 SF shopping center anchored by Hobby Lobby, which occupies 83.5% of the gross leasable area. The anchor recently extended its lease for 10 years and added 4,000 SF of storage in May 2024. Shop-space tenancy is established, with more than 60% of those tenants operating at the center for over 10 years. Recent property work includes a façade renovation, new tenant signage, seal coating, and line striping.
The center is located at 2400 SW College Road in Ocala, Florida, less than 2 miles from Interstate 75. Access includes a signalized primary entrance, additional connections from SW College Road and 19th Avenue Road/Easy Street, and exposure to roads with reported daily traffic volumes above 110,000 cars and 37,500 cars. Nearby retail and institutional destinations include Paddock Mall, Gaitway Plaza, Berkshire Oaks, Walmart Supercenter, Sam’s Club, Home Depot, AdventHealth Hospital, HCA Florida Hospital, and College of Central Florida.
The center is located at 2400 SW College Road in Ocala, Florida, less than 2 miles from Interstate 75. Access includes a signalized primary entrance, additional connections from SW College Road and 19th Avenue Road/Easy Street, and exposure to roads with reported daily traffic volumes above 110,000 cars and 37,500 cars. Nearby retail and institutional destinations include Paddock Mall, Gaitway Plaza, Berkshire Oaks, Walmart Supercenter, Sam’s Club, Home Depot, AdventHealth Hospital, HCA Florida Hospital, and College of Central Florida.
Key Highlights
- 84,902 SF shopping center anchored by Hobby Lobby
- Hobby Lobby occupies 83.5% of the GLA and added 4,000 SF for storage in May 2024
- Hobby Lobby executed a new 10‑year lease extension
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,193
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34471, FL
27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Sunglass Hut — 3100 SW College Rd #178, Ocala, FL 34474
- PIXL PLANET — 3100 SW College Rd, Ocala, FL 34474
- Veteran mall — 3100 SW College Rd Suite 334, Ocala, FL 34474
- Paddock Mall — 3100 SW College Rd Suite 334, Ocala, FL 34474
- Shoppes at Paddock Square — 3018 SW 27th Ave, Ocala, FL 34471
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with long-standing shop tenants, recent exterior improvements, and multiple access points from major commercial roads.
Where is this shopping center located?
The property is located at 2400 SW COLLEGE RD Ocala, FL.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: 84,902 SF shopping center anchored by Hobby Lobby; Hobby Lobby occupies 83.5% of the GLA and added 4,000 SF for storage in May 2024; Hobby Lobby executed a new 10‑year lease extension
