Niles Harrison Pfeiffer

This three-unit, income-producing neighborhood retail center totals 4,260 square feet (2,400 SF + 930 SF + 930 SF) on 0.29 acres of prime GNC-zoned commercial land along US Highway 19, the dominant commercial corridor of Homosassa. Offering 185 feet of direct highway frontage, exposure to ±27,000 vehicles per day, and 18 dedicated parking spaces, the property delivers the visibility, convenience, and accessibility tenants and customers demand. A clean right-in/right-out access point off South Suncoast Blvd ensures smooth traffic flow, while its location just south of the signalized Grover Cleveland Blvd / Halls River Road intersection positions it within the most commercially active node of the market. The center is currently occupied by two tenants with one vacancy, giving investors the upside of securing market-rate rents or allowing an owner-user to offset occupancy costs with rental income while potentially qualifying for SBA-style financing. The surrounding trade area is anchored by a strong mix of national retailers and QSR operators—including Publix, Walmart, Winn-Dixie, Tractor Supply, McDonald’s, Wendy’s, Taco Bell, Burger King, and several thriving local businesses. This established commercial ecosystem draws consistent daily traffic and supports operators serving both the rising full-time population and the area’s robust tourism sector. As a result, tenant demand and retail performance remain reliably strong along this corridor. Demographics further reinforce the property’s strength. Within a 15-minute radius, the asset serves 46,000+ residentswith a median household income of $65,000 and a median age of 58—a consumer base that outspends national averages in dining, healthcare, convenience retail, and service-based expenditures. Notably, 66% of area residents dine at restaurants/steakhouses and 89% frequent fast-food/QSR establishments. Annual healthcare-related spending exceeds $106 million, driving ongoing demand from medical, wellness, and professional service tenants. Homosassa itself is one of Florida’s most visited eco-tourism destinations—home to the Homosassa Springs Wildlife State Park, the Homosassa River, and the wider Chassahowitzka Springs Coast. These attractions bring year-round activity from boaters, scallopers, anglers, kayakers, and manatee tour visitors. The steady blend of tourism and full-time residents creates a resilient customer base that supports a diverse hospitality and retail economy. Regionally, the property benefits from its central position within the fast-growing Citrus County market, drawing from Crystal River, Lecanto, Beverly Hills, and Inverness. With immediate access to the Suncoast Parkway, the site lies just 55 miles from Tampa International Airport and directly connects to the Tampa–St. Petersburg–Clearwater MSA—now the 18th largest metro area in the United States.