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Marion Center — Prime Hwy 40 / Silver Spring Blvd Retail Plaza
Discover an exceptional retail opportunity at Marion Center, a well-positioned twelve-unit plaza at the intersection of Hwy 40 (Silver Spring Blvd) — one of the primary east-west arteries through the heart of Ocala’s retail corridor with an annual average daily traffic (AADT) count of 31, 000. The property offers strong visibility and accessibility, benefiting from the high traffic volumes and continued growth of the region.
This space is ideal for retailers, restaurants, service-oriented businesses (salons, fitness, medical/spa, etc. ), entertainment venues, or small-users looking for a well-located, highly visible space with redevelopment flexibility. Given the rapid growth — both population and in-migration — now is an opportune time to capture new demand.
Key highlights include high occupancy with established, long-term tenants — a stable, well-maintained center.
Available spaces:
A second-generation, 3, 600 SF restaurant space (fully kitchen-equipped),
A 2, 200 SF salon suite (formerly Tan USA),
A large 16, 550 SF cinema shell — which the landlord is willing to subdivide into 4+ smaller suites to suit incoming tenants.
Month-to-month retail tenant that can move with 60 days (2430 SF) Unit 105B
Month-to-month retail tenant that can move within 60 days (2250 SF) Unit 106
105B and 106 are contiguous and could be combined for 1 unit of 4680 SF
Flexible layout options — ideal for a mix of retail, service, or specialty food/ beverage uses.
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Our Executive Mortgage Banker:
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$192,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $153,600 | $153,600 | $153,600 |
| 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 | $5,920 | $5,920 | $5,920 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $860 | $920 | $1,235 |
| Total Monthly Payment | $6,855 | $6,915 | $7,230 |
* 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.