The Newly Constructed Goldenrod Marketplace Is Now Under Lease By Retail Solutions Advisors, LLC. Located At A Signalized Intersection At Narcoosse Road & South Goldenrod (51,000 Trips Per Day), This Shopping Center Is Directly Adjacent To A New Walmart Supercenter And Is Anchored By LA Fitness & Marshalls Department Store. The Center Also Showcases National Brands Pinch A Penny, Rita’s Italian Ice, Sally Beauty And GNC Health Store. Of The 91,497 Square Feet, There Is Still Space Available Ranging From 3,000 To 25,000 Square Feet. Targeted Uses For The Larger Space Include Specialty Hobby, Party Supply, Men’s Specialty Apparel And Pet Superstores. The Property Also Contains One Prime Corner Outparcel That Is Ideal For A Sit-Down Restaurant, Financial Institution Or An Upscale Convenience Store.
Read The Latest Goldenrod Marketplace Press Release Ocala's commercial real estate market continues growing. Construction for a large FedEx distribution center started in 2014, and several other office and retail spaces have been added in recent years. Both buyers and renters looking for commercial space have access to a wide choice of retail, office and industrial spaces. For buyers hoping to become landlords and invest in rental properties, Ocala is also a great city for multifamily properties. While prices have risen for multifamily commercial properties in the county, properties in the city have remained about the same. Average asking prices have been hovering slightly above $30,000.
Office properties in the county are averaging about $113 per square foot to buy. However, many properties in the city are priced lower than that. Asking prices for industrial properties have decreased from the spike in 2014. Average prices per square foot for industrial properties are about $49 per square foot in the city and about $47 per square foot in the county. The county's average asking price for retail property is about $117 per square foot. All of these asking prices are lower than the state's average sale price for each category. Rental rates for industrial properties are climbing toward $4 per square foot. For retail properties, the average rent in Ocala ranges between $9 and $14 per square foot. Office property rent averages about the same as retail space per square foot. However, average professional office property rent is above $85 per square foot. Medical spaces average between $110 and $135 per square foot depending on the type of facility. As physicians and medical professionals continue the trend from upgrading their leases to purchases, medical spaces remain one of the most important parts of the city's commercial real estate market. Although some new structures have been added in recent years, the majority of purchases and leases are for existing buildings. While there is plenty of vacant land for sale in Ocala, remodeling older buildings is a more common choice among buyers than investing in new construction. With a wide variety of office, retail, restaurant, medical, rental and industrial properties available at affordable rates, now is a good time to relocate a business or start a new one in Ocala. It is important to work with reliable Ocala commercial real estate brokers. When it is time to invest in property for a new or existing business, contact Retail Solutions Advisors to explore local available properties. |