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
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