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Downtown Ocala Office Space Available
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118 SW Fort King St, Ocala, FL 34471

Class A office space in downtown Ocala for lease.

Property Size3,210 SF
Days on Market1086

Property Features for 118 SW Fort King St

General Information

Standard status Active
Size 3,210 SF
Property subtype Office
Listing Agency: Wiechens Realty, Inc.
Listed By: Sandon Wiechens · License #FL BK614535
Source: Crexi
Added: Aug 10, 2023 Changed: Jul 6 Last Checked: Jul 30 at 3:02PM

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 Wiechens Realty, Inc.

Investment Insights

Based on property information with market context.

Located in downtown Ocala, this office space is available for rent immediately. The entire second floor offers 3,210 square feet of space with Class A finishes. The configuration includes 10 offices that can be adapted for various uses such as a copy room or conference room. A full kitchen is equipped with cabinetry, a stove, a refrigerator, a sink, and a microwave. The space also includes a full bathroom, a half bath, and a washer and dryer. Eleven parking spaces are allocated to this unit, with the potential for additional spaces. City electric and water services are available. The location provides convenient walking distance to food, shopping, and other amenities. The owner is open to discussing a Tenant Improvement Allowance for tenant-specific improvements. The lease is NNN with CAM estimated at $3.28 per square foot.

Key Highlights

  • Prime downtown Ocala location with easy walking distance to amenities.
  • Class A finishes and a functional 3,210 SF layout.
  • Availability of a Tenant Improvement (TI) Allowance for customization.

Property Analytics

Current Use

Whittel & Melton, LLC Law Firm Clay Sims Dorothy Law Firm Face the Day Salon ... Hair Salon Right Choice umpster ... Waste Management Facility Face the Day Salon ... Hair Salon

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store HVAC Service Bakery Electrical Service Tanning Salon

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

NNN (Triple Net)
Lease Type
$3.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,350
Businesses Nearby

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

Market

Lease Benchmarks for Ocala, FL

$60.7 /SF/Yr
Avg Asking Price
$0.73–$248 /SF/Yr
Price Range
12,505 SF
Avg Space Size

This space is priced 75% below the average of $60.7 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Class A office space in downtown Ocala for lease.
Where is this office units located?
The property is located at 118 SW Fort King St Ocala, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime downtown Ocala location with easy walking distance to amenities.; Class A finishes and a functional 3,210 SF layout.; Availability of a Tenant Improvement (TI) Allowance for customization.
(352) 817-6474 Call to check price and availability
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