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Horse Lake Plaza Strip Mall
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7601 Horse Lake Rd, Brooksville, FL 34601

Established retail center with a 2009 construction date and a multi-tenant commercial format.

Property Size12,450 SF
Days on Market151

Property Features for 7601 Horse Lake Rd

General Information

Standard status Active
Size 12,450 SF
Property subtype Shopping Strip

Amenities

100% OCCUPIED RETAIL PLAZA: Horse Lake Plaza is a fully leased, 12,450-square-foot retail strip center built in 2009 and situated on a large ±25-acre parcel, providing stable in-place cash flow
FUTURE DEVELOPMENT OPPORTUNITY: Of the total 25-acre parcel, approximately 5 acres are located outside designated flood zone and wetland areas, offering exceptional potential for future development
ESTABLISHED LOCAL TENANT BASE WITH COMMITMENT TO SITE Tenants include a mix of long-standing local operators such as Beef 'O' Brady's, Brooksville Optical, and Hart's Meat Market.& More
TRIPLE NET LEASE STRUCTURE | LIMITED LANDLORD RESPONSIBILITY: All tenants operate under NNN leases, reimbursing a fixed monthly estimate for CAM, insurance and property taxes. Tenants maintain the property with landlord responsibilities limited to roof, exterior walls and structural foundation.
STRONG RENT GROWTH POTENTIAL IN EXPANDING SUBMARKET The subject property's average rent of $19.37 per square foot is below the Hernando County submarket average of approximately $22 per square foot NNN, indicating an attractive 15–20% potential upside in rental income.
DENSE RETAIL TRADE AREA WITH EXCELLENT VISIBILITY The subject property is ideally positioned within proximity to a top 9% nationally ranked Publix and a top 20% nationally ranked Lowe's (per Placer.ai). It also benefits from close proximity to Walmart and numerous other nationally recognized retailers, collectively driving over 5 million annual visitors to the immediate trade area.
UNPRECENDENTED GROWTH IN BROOKSVILLE SUBMARKET Located in Hernando County, one of the fastest-growing areas north of Tampa. The property is surrounded by residential expansion, new commercial developments, and a rising population base with household income growth projected over the next five years. Currently 20 projects approved along state road 50, with 3.8M SF of commercial property and 8,000 residential units approved and 2,000 additional pending approval

Building Details

Building Size 12,450 SF
Year Built 2009
Listing Agency: Tampa Office
Listed By: Logan Lofgren · License #FL: SL3594865
Source: Marcusmillichap
Added: Apr 3 Changed: Aug 30 Last Checked: Aug 30 at 5:00PM

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 Tampa Office

Investment Insights

Based on property information with market context.

Horse Lake Plaza is a strip mall comprising 12,450 square feet of commercial space. The property was constructed in 2009 and is positioned at 7601 Horse Lake Rd in Brooksville, Florida 34601.

Key Highlights

  • 12,450‑square‑foot strip mall
  • Built in 2009
  • Located at 7601 Horse Lake Rd, Brooksville, FL 34601

Property Analytics

Current Use

Beef 'O' Brady's Restaurant Bangz Etc Hair Salon

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Building Supply (Bike/Boat/Book/etc) Store Bakery

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

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 75% Dining 25%
Tractor Supply Co. Home Improvements & Furnishings
13,829 visits/mo 0.5 miles
Beef 'O' Brady's Dining
4,817 visits/mo 0.0 miles
Badcock Home Furniture & More Home Improvements & Furnishings
657 visits/mo 0.3 miles

Demographics for 34601, FL

23,001
Population
12,276
Households
1.9
Avg Household Size
50
Median Age
20%
College-Educated
88%
High-School Grad
114.0 sq mi
ZIP Area
202
Density / Sq Mi
$56,365
Median Household Income
$35,182
Median Earnings
$1,066
Median Rent
$151,500
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Established retail center with a 2009 construction date and a multi-tenant commercial format.
Where is this strip mall located?
The property is located at 7601 Horse Lake Rd Brooksville, FL.
What are key features of this property?
This property features: 12,450‑square‑foot strip mall; Built in 2009; Located at 7601 Horse Lake Rd, Brooksville, FL 34601
More about this property
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