9268 Maricamp Rd Ocala, FL 34472-2340

Property Details for 9268 Maricamp Rd

Year built

1990

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.82 lot acres

Property size

3,213 SF

Zone code

B2

Property type

Commercial real estate

APN

9009-0000-09

APU

9009000009

Description

This exceptional investment opportunity presents a 4,621 square foot storefront, currently leased to Curaleaf, the world's largest cannabis company by revenue. Located at 9268 SE Maricamp Rd, Ocala, FL 34472, this property boasts a strong location within a high-traffic retail corridor, situated on a 0.82-acre lot. The absolute NNN lease, commenced May 1, 2022, has a remaining term of 7.4 years with two 5-year options to extend, providing long-term stability and significant upside. The property features built-in rent growth with 2% annual increases during the initial term and 3% annually in each option period, effectively hedging against inflation. The current annual net operating income (NOI) is $161,262, resulting in a compelling 6.30% cap rate. The building, constructed in 1990, underwent renovations in 2022. This strategically positioned outparcel to Shores Landing, a major shopping center, benefits from high visibility on SE Maricamp Road (14,300 vehicles per day) and proximity to other national retailers including ALDI, Walmart, CVS, and more. Furthermore, its close proximity to the high-performing Heather Island Plaza, anchored by a top-performing Publix, further enhances its desirability and potential for continued growth. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential in a thriving retail market. The asking price is $2,560,000.

Location Insight

City

Ocala

County

Marion

State

Florida

Longitude

-82.0214

Latitude

29.112

CBSA code

36100

CBSA name

OCALA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments