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FOR LEASE- This outstanding commercial opportunity is located in the heart of Inverness, Florida, within the fast-growing Tampa–St. Petersburg–Clearwater MSA—ranked the 18th largest in the United States. Offering two highly functional and flexible spaces, the property includes a 1, 652-square-foot retail suite with a full showroom, reception area, and ADA-compliant bathroom, as well as a 1, 598-square-foot multi-use suite featuring high 15-foot ceilings, a 12’x12’ grade-level receiving door, two private entrances, and abundant natural light—ideal for retail, light industrial, and even Medical Cannabis Dispensary or service-oriented businesses.
Positioned directly on SR 44 W, the property boasts exceptional visibility with exposure to over 34, 000 vehicles daily, as well as unrestricted street-to-street access from SR 44 and Forest Drive, located just east of a signalized intersection on a secondary feeder road carrying 9, 000 vehicles per day. This unparalleled accessibility makes it a prime destination for business operators seeking maximum traffic and convenience. The site is surrounded by a dense concentration of national and regional retailers, including Winn-Dixie, Publix, McDonald's, Burger King, and the highly anticipated Aldi grocery store. Additionally, it is just minutes from key government offices, including City Hall, the Citrus County Courthouse, DMV, and Tax Collector.
The City of Inverness continues to invest in its appeal and infrastructure, with recent enhancements to downtown and new lakefront parks such as Liberty Park, Wallace Brooks Park, and the Depot District. The property taps into a strong consumer base of 46, 361 residents within a 15-minute drive, with a median household income of $65, 000 and an average age of 58—underscoring the area's demand for retail, services, and healthcare. Citrus County currently serves 153, 600 residents, with projections nearly doubling that number to 350, 000 by 2030 under the county’s Land Development Code.
With the recent $135 million expansion of the Suncoast Parkway and more extensions planned, the region is entering a historic growth phase. Businesses located here will benefit from strong regional connectivity, an aging but affluent demographic, and rising consumer expenditures. Local spending habits show that 66% of residents dine out regularly, 89% frequent fast-food restaurants, and healthcare spending exceeds $106 million annually. Combined with proximity to neighboring communities like Floral City, Lecanto, Beverly Hills, Crystal River, and Homosassa, this property represents an exceptional opportunity to establish or expand a business in one of Florida’s most promising commercial corridors.
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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 | $17,181 | $17,181 | $17,181 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | $412 | $412 | $412 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $110 | $114 | $144 |
Total Monthly Payment | $597 | $601 | $631 |
* 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.