Lady Lake Retail
8825 NE 134th Ave, Lady Lake, FL 32159
For Sale
Contact for pricing
Freestanding commercial building in high-traffic retail corridor near The Villages.
Property Size5,204 SF
Price / SF$422.75
Days on Market233
Property Features for 8825 NE 134th Ave
General Information
Standard status
Size
Property subtype
Zoning
Lease Type
Investment Type
Building Details
Year Built
Units
Listing Agency:
Marcus & Millichap
Listed By:
Kevin Cagliergin · License FL SL3551018
(813) 387-4733
Source:
Crexi
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 8 at 6:35AM
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
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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.
Located in Lady Lake, Florida, the subject property is positioned across from a major retail area anchored by national tenants, including Publix. It is adjacent to Lowe’s and BJ’s Wholesale Club, offering direct access to both retailers. This outparcel-type location provides high visibility and traffic. While located in Lady Lake, the property effectively serves The Villages, a large and rapidly growing master-planned community known for its dense population and strong household incomes. The property features a freestanding commercial building on a large parcel with significant frontage, convenient access, and a flexible layout. This vacant asset is situated in a prime Central Florida retail corridor.
Key Highlights
- Located directly across from a dominant retail corridor anchored by Publix, Lowe's, and BJ's Wholesale Club.
- Benefits from shadow‑anchor positioning, providing strong consumer draw.
- Effectively serves 'The Villages,' a large and rapidly growing master‑planned community.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,571
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,420
$1.2M
Cap Rate 7%
$879,586
$879.6K
Cap Rate 9%
$684,122
$684.1K
Market Conditions
NOI Build-Up for 5,204 SF
Gross rent
$93.7K $18.00/SF
− Vacancy
−$5.7K −$1.10/SF
EGI
$88.0K $16.90/SF
− OpEx
−$26.4K −$5.07/SF
NOI
$61.6K $11.83/SF
Area
Lake County, FL
Vacancy
6.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,420
Cap Rate 7%
$879,586
Cap Rate 9%
$684,122
Alternative Uses
Best Use
Retail
$879.6K
$769.6K – $1.03M
NOI $61,571 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,465 @ 7.0% cap · market cap 5.34%
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
1,128
Businesses Nearby
222k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Dining 20%
Superstores 19%
Home Improvements & Furnishings 19%
BJ's Wholesale Club
Superstores
42,982 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
41,255 visits/mo
0.3 miles
Wawa
Shops & Services
30,379 visits/mo
0.1 miles
BJ's Gas
Shops & Services
29,370 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
21,604 visits/mo
0.3 miles
Demographics for 32159, FL
30,455
Population
19,670
Households
1.5
Avg Household Size
69
Median Age
29%
College-Educated
95%
High-School Grad
30.2 sq mi
ZIP Area
1,008
Density / Sq Mi
$57,536
Median Household Income
$30,723
Median Earnings
$1,370
Median Rent
$272,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Lake County, FL
Properties on Market for Storefront properties in Lake County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Days flowers 26 — 17860 SE 109th Ave Suite 610, Summerfield, FL 34491
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding commercial building in high-traffic retail corridor near The Villages.
Where is this storefront property located?
The property is located at 8825 NE 134th Ave Lady Lake, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Located directly across from a dominant retail corridor anchored by Publix, Lowe's, and BJ's Wholesale Club.; Benefits from shadow‑anchor positioning, providing strong consumer draw.; Effectively serves 'The Villages,' a large and rapidly growing master‑planned community.
