New Firestone Complete Auto Care

Highlights:

• 15 Year Absolute NNN Lease | No Landlord Responsibilities
• 5% Rental Rate Increases Every 5 Years
• Five (5 Year) Options Each | 5% Rent Increase at Each
• Across from a Popular Publix Shopping Center | Ranked in the top 15%
• of all Publix in the USA based on Foot Traffic
• Adjacent to Heartland Dental Development
• Large Development Area of Ocala
• Near Signalized Corner of SW 60th Avenue | 22,000 ADTC
• Hard Corner Location | 16,400 ADTC
• 5 Mile Population 72,163 | Expected Growth 13.50%
• 1 Mile Average Household Income $89,554
• 1 Mile Population Growth Rate 13.90%

Description:

Fortis Net Lease is pleased to present this 6,607 SF Firestone Complete Auto Care store located in Ocala, Florida - in a big development area of the city. This 15 year Absolute NNN Lease will require zero landlord responsibilities. The lease offers 5% rental rate increases every 5 years including at each of the 5 (5 Year) Options. The store is currently under construction with rent start & store opening on track for August 2026.

This Firestone benefits from excellent visibility as it is located on SW 95th Street (16,400 ADTC) & SW 57th Avenue, near the signalized corner of SW 60th Avenue (22,000 ADTC). It sits adjacent to a Heartland Dental development, surrounded by residential homes, & across from a Publix shopping center that ranks in the top 165% of all Publix in the Country! This area of Ocala has many new residential developments in process & newly completed. The 5 mile population from the site is 72,163. The 1 mile household income is $89,554. This is a huge growth area of Florida with the 1 mile population growth rate at 13.90%! This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.00% cap rate based on NOI of $278,001.36.

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