Description

Fortis Net Lease is pleased to offer this freestanding Family Dollar property located in Ocala to qualified investors. Situated at 3245 142nd Lane and originally constructed in 2011, the asset benefits from strong tenant commitment, as Family Dollar recently exercised its second five-year renewal option, which included a 10% rent increase. The location has demonstrated impressive operating performance, with unit-level sales increasing more than 18% between 2023 and 2025, reinforcing the store’s long-term viability and favorable rent-to-sales ratio. The investment is further supported by exceptional demographic and housing growth throughout Marion County and the greater Ocala market. As of 2024, the county recorded nearly 200,000 housing units, more than 164,000 households, and over 6,700 building permits issued, reflecting substantial residential expansion that continues to strengthen the surrounding convenience retail trade area. Ocala has emerged as one of the fastest-growing metropolitan areas in the United States, reaching a population of approximately 442,660 by mid-2025 and ranking first nationally in percentage population growth from 2024 to 2025. This sustained in-migration and expanding residential base continue to drive increased neighborhood retail demand, positioning the property as a stable long-term investment opportunity within a rapidly growing Florida market.