2508 SE 58th Ave, Ocala, FL, 34480
Baseline Plaza
Key Information
Highlights
• Income Tax Advantage: Located in Florida, one of the few states with no state income tax, offering investors potential tax savings and increased net returns.
• Upside With Under-Market Rents: Current rental rates are below market, offering a strong opportunity for rent growth and increased cash flow as leases renew.
• High-Growth Ocala Market: Ocala’s booming economy, growing population, and demand for retail space position this asset within a thriving market.
• Value-Add With Current Occupancy: The property’s current occupancy allows for income growth through lease-up and proactive management.
• Prime Outparcel Development Opportunity: The property includes an outparcel ready for development, offering additional income potential and the flexibility to attract new tenants or establish a high-demand use, further enhancing the Plaza’s value.
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