Downtown 101

Downtown 101 site is located in the heart of Downtown Ocala on Silver Springs Boulevard. 35,000 cars a day pass by this completely remodeled Historic building. Within steps of the new Hilton Garden Inn, this building is already home to a restaurant and many daytime professional office users. Across from the square, close to all activities, this location offers visibility and accessibility, for all tenants and is highly sought after. The half block surface parking portion of this site is coveted in Downtown Ocala and ready for redevelopment into future mixed use.DT101 presents a unique opportunity for an investor to acquire an almost completely leased mixed use property with attractive in place cash flow, a weighted average of over four year lease term and in place rents 29% below market. Strategically located at the epicenter of Ocala’s Redeveloped and exploding Downtown District, this 28,000 square foot historic building features a renovated industrial modern lobby and an attached half block surface parking lot with enormous development potential. Ocala Metro Statistics of Note: Population - Ocala MSA - 2021 - 385,915; 2023 - 400,000; 2040 - 500,000 Population Ocala MSA US Census Bureau June 30,2021 142nd Largest Metro, Top 25 Fastest Growing by rate, 38th Fastest Growing by quantity Moving Into Ocala vs. Moving Out of Ocala 5.24 move in for every 1 that moves out = #1 in Nation Chicago to Ocala is most popular move IN THE NATION. Ocala Metro is growing by over 1000 people per month. Millennial population (30-39) is growing at double the US Average and among the highest for all small metros in the nation. US News and Work Report 2023 Best Places Lists, ranks Ocala Metro: #10 Safest Places to Live #6 Fastest Growing Metro #16 Best Places to Retire Housing Market 79% jump in single family permits over previous year in 2021 - largest increase in the country. Ocala Metro ranked #2 in Florida and #4 in the Nation in Moneys ranking of the Top 10 Hottest Housing Markets Income Growth Median Household Income Grew 31.4% faster than the US Average 2016-2020 The Ocala Metro ranked #4 in Annual Wage Growth and #25 in 5-Year Wage Growth (Milken Institute) Ocala Metro annual Area Median Income increased 15% Year over Year. (US Department of HUD)