|
For Lease 2, 400 SF Multi-Tenant Retail | PRIME US-19 Frontage | GNC Zoning
This two-unit, income-producing neighborhood retail center totals 2, 400 on 0. 29 acres of prime GNC-zoned commercial land along US Highway 19, the dominant commercial corridor of Homosassa. Offering 162 feet of direct highway frontage, exposure to ±27, 000 vehicles per day, and 18 dedicated parking spaces, the property delivers the visibility, convenience, and accessibility tenants and customers demand. A clean right-in/right-out access point off South Suncoast Blvd ensures smooth traffic flow, while its location just south of the signalized Grover Cleveland Blvd / Halls River Road intersection positions it within the most commercially active node of the market. The center is currently occupied by two tenants with one vacancy, giving investors the upside of securing market-rate rents or allowing an owner-user to offset occupancy costs with rental income while potentially qualifying for SBA-style financing.
The surrounding trade area is anchored by a strong mix of national retailers and QSR operators—including Publix, Walmart, Winn-Dixie, Tractor Supply, McDonald’s, Wendy’s, Taco Bell, Burger King, and several thriving local businesses. This established commercial ecosystem draws consistent daily traffic and supports operators serving both the rising full-time population and the area’s robust tourism sector. As a result, tenant demand and retail performance remain reliably strong along this corridor.
Demographics further reinforce the property’s strength. Within a 15-minute radius, the asset serves 46, 000+ residentswith a median household income of $65, 000 and a median age of 58—a consumer base that outspends national averages in dining, healthcare, convenience retail, and service-based expenditures. Notably, 66% of area residents dine at restaurants/steakhouses and 89% frequent fast-food/QSR establishments. Annual healthcare-related spending exceeds $106 million, driving ongoing demand from medical, wellness, and professional service tenants.
Homosassa itself is one of Florida’s most visited eco-tourism destinations—home to the Homosassa Springs Wildlife State Park, the Homosassa River, and the wider Chassahowitzka Springs Coast. These attractions bring year-round activity from boaters, scallopers, anglers, kayakers, and manatee tour visitors. The steady blend of tourism and full-time residents creates a resilient customer base that supports a diverse hospitality and retail economy.
Regionally, the property benefits from its central position within the fast-growing Citrus County market, drawing from Crystal River, Lecanto, Beverly Hills, and Inverness. With immediate access to the Suncoast Parkway, the site lies just 55 miles from Tampa International Airport and directly connects to the Tampa–St. Petersburg–Clearwater MSA—now the 18th largest metro area in the United States. Citrus County’s population, currently 153, 600, is projected to expand toward 350, 000 under future development capacity scenarios, cementing this corridor as one of Florida’s most dynamic and opportunity-rich growth markets. This asset combines premium frontage, strong traffic counts, zoning flexibility, demographic strength, tenant demand, and long-term regional growth—positioning it as a standout retail investment opportunity in one of Florida’s fastest-advancing Gulf Coast corridors.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$38,400
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $30,720 | $30,720 | $30,720 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.120% | 5.541% |
| Monthly Tax Payment | $356 | $356 | $356 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $172 | $184 | $247 |
| Total Monthly Payment | $603 | $615 | $678 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.