Description

DT101 presents a unique opportunity for an investor to acquire a 89% leased mixed use property with attractive in place cash flow, a weighted average of over four year lease term and in place rents with 29% below market. Strategically located at the epicenter of Ocala’s Redeveloped and exploding Downtown District, this 28,000 square foot historic building features a renovated industrial modern lobby and an attached half block surface parking lot with future development potential.

Offering Highlights
• Ocala’s most centrally located Mixed Use Property with First floor Restaurants / Retail
• Strong Cash Flow in place
• Site is adjacent to City’s Linear Trail – designed with a built in cross walk to connect downtown and midtown areas for art, entertainment, parks and event options

Property Overview
• Four Story, completely renovated, Mixed Use Building
• Includes half block adjacent, private, surface parking – future development potential
• Located in Form Based Code, redevelopment area of Downtown Ocala and the Downtown Development District