Net Lease Family
For Sale
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3245 SW 142nd Ln, Ocala, FL 34473
Family Dollar net-lease building built in 2011, with a recent 5-year option and reported 58% unit sales growth.
Property Size8,000 SF
Price / SF$187.50
Days on Market192
Property Features for 3245 SW 142nd Ln
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$123,901
Building Details
Year Built
2011
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Kyle Carson · License #MI 6501384480
Source:
Crexi
Added: Apr 22
Changed: Oct 26
Last Checked: Oct 28 at 8:30AM
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 Fortis Net Lease
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Family Dollar net lease property for sale in Ocala, Florida. The building was constructed in 2011 and includes a single retail unit configured for the Family Dollar use. The tenant recently executed a 2nd 5-year option period, including a 10% rent increase.
According to the provided materials, unit level sales have grown 58% from 2020 to 2025. The property is located at 3245 SW 142nd Ln in Ocala and is offered for sale at a reported property size of 8,000 square feet.
Based on the sale materials, the tenant’s continued option execution and the stated sales growth support the stability of the ongoing lease at this location.
According to the provided materials, unit level sales have grown 58% from 2020 to 2025. The property is located at 3245 SW 142nd Ln in Ocala and is offered for sale at a reported property size of 8,000 square feet.
Based on the sale materials, the tenant’s continued option execution and the stated sales growth support the stability of the ongoing lease at this location.
Key Highlights
- Family Dollar net‑lease building at 3245 142nd Lane, Ocala, FL
- Built in 2011
- Tenant recently executed a 5‑year option period with a 10% rent increase
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,924
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,938,480
$1.9M
Cap Rate 7%
$1,384,629
$1.4M
Cap Rate 9%
$1,076,933
$1.1M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$136.3K $17.04/SF
− Vacancy
−$7.1K −$0.89/SF
EGI
$129.2K $16.15/SF
− OpEx
−$32.3K −$4.04/SF
NOI
$96.9K $12.12/SF
Area
Marion County, FL
Vacancy
5.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,938,480
Cap Rate 7%
$1,384,629
Cap Rate 9%
$1,076,933
Alternative Uses
Best Use
Retail
$2.87M
$2.52M – $3.35M
NOI $201,211 @ 7.0% cap · market cap 13.41%
Second Best
Specialty Retail
$1.38M
$1.21M – $1.62M
NOI $96,924 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$4.37M
$3.82M – $5.10M
NOI $305,802 @ 7.0% cap · market cap 20.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 34473, FL
21,548
Population
9,313
Households
2.3
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
35.8 sq mi
ZIP Area
602
Density / Sq Mi
$70,559
Median Household Income
$36,474
Median Earnings
$1,406
Median Rent
$242,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Family Dollar net-lease building built in 2011, with a recent 5-year option and reported 58% unit sales growth.
Where is this grocery and convenience store located?
The property is located at 3245 SW 142nd Ln Ocala, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Family Dollar net‑lease building at 3245 142nd Lane, Ocala, FL; Built in 2011; Tenant recently executed a 5‑year option period with a 10% rent increase
