Listing ID : 896393
Listed On May 8, 2025 218
Listing Updated May 8, 2025
Prime location on SR 44 with street to street access and exposure to the fronting Hwy traffic count of over 34,000 cars per day. The entire building encompases 3,250 SF of space with high 15 ceiling condition production space with grade level 12 x12 receiving roll up doors. Located in the City Limits which allows cannabis dispensaries and easy to work with municipality to obtain permitting.
Within a 15-minute drive from the subject property, you will find an ideal customer base of 46,361 residents, with an average age of 58 and a median household income of $65,000, growing at a rate of 2.83% annually. Strong market consumer expenditure data reveals that 66% of the residents dine out at restaurants or steakhouses, and an impressive 89% visit fast-food restaurants regularly. Additionally, considering the median age of 58, this demographic presents an attractive target for businesses in the food industry.
Situated in Citrus County, which is presently home to 153,600 residents, the area is projected to experience exponential growth, with an estimated 350,000 residents under Citrus County’s Land Development Code by 2030. As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA), ranked as the 18th largest in the U.S., Citrus County stands out as one of the nation’s premier real estate markets.
Versatile Zoning: The GNC Commercial Zoning designation provides flexibility for a wide range of commercial uses, including retail establishments, offices, and diverse restaurant formats, making it adaptable to various business ventures.
Proximity to Key Facilities: Its strategic location places it in close proximity to essential community facilities, including Citrus Memorial Hospital, schools, government offices, and bustling commercial districts.
Access to a Large Population: The property provides access to a daily population of up to 60,000 individuals during peak seasons, making it an appealing location for businesses seeking a broad customer base.
Central Accessibility: Conveniently located, the property is easily accessible from neighboring areas, including Floral City, Hernando, Lecanto, Beverly Hills, and Crystal River, facilitating a wider reach for potential customers.
Projected Growth: Citrus County is projected to experience substantial population growth, with an estimated increase to 350,000 residents by 2030, aligning with Citrus County’s Land Development Code.
Inclusion in a Robust MSA: As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA), ranked as the 18th largest in the United States, Citrus County stands out as a prominent real estate market with significant potential.
We are seeking $ 5000 a month net rent plus sales tax and CAM fees estimated at $ 500 monthly.
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