Delaware-based LLC Acquires Country Oaks Retail Center In Ocala For $10.5M

The Country Oaks Retail Center located in Ocala, Florida, is a commercial property that spans 88,550 square feet. The property, situated at 9598 SW 114th St in the Ocala market, was sold for $10,500,000.00. The retail shopping center is fully occupied, with 87% of the space leased to national and regional retailers. Country Oaks is shadow anchored by Walmart Supercenter and features anchor tenants such as Bealls, Dollar Tree, and Sherwin Williams.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $10,500,000.00
• Address: 9598 SW 114th St, Ocala, FL, 34481
• Market: Ocala
• Seller's Rep: Ryan Nee(Marcus & Millichap)
• Buyer: Unknown LLC
• SF: 88,550

The sale of the Country Oaks Retail Center was facilitated by the collaborative efforts of various professionals and teams. The buyer, represented by an Unknown LLC, engaged the services of Marcus & Millichap Real Estate Investment Services of Florida, Inc., a premier brokerage firm dealing in commercial real estate transactions. Ryan Nee of Marcus & Millichap, acting as the Seller's Representative, played a pivotal role in the successful conclusion of this transaction. The property, strategically located near major retailers like Walmart, offers a prime investment opportunity in the vibrant Ocala market.