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30 Bahia Avenue

Don McMinn Of Taylor-McMinn Retail Group Represents Seller In $4.5M Ocala Retail Sale
SOLDRetail

Don McMinn Of Taylor-McMinn Retail Group Represents Seller In $4.5M Ocala Retail Sale

30 Bahia Avenue

$4,500,000

$669/SF

Building Size

6,723 SF

Asset Type

Retail

Closing

May 19, 2025

AI

A newly built Firestone property located at 30 Bahia Avenue in Ocala, FL has been sold for $4,500,000. The retail asset spans 6,723 square feet and is valued at $669 per square foot. The property is under a 15-year triple-net lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,500,000
  • Square Footage: 6,723
  • Price Per Square Foot: $669
  • Address: 30 Bahia Avenue
  • Market: Ocala

The sale was facilitated by Marcus & Millichap’s Taylor-McMinn Retail Group, with Don McMinn representing the Georgia-based seller in the transaction. The identity of the buyer remains undisclosed.

Players

Don McMinn

Marcus & Millichap

Broker

$54.4M

vol

16 deals

Broker

Ocala Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93