Commercial Potential at 42 and 301

Investment Overview

Exceptional development opportunity adjacent to the newly awarded U.S. Department of Veterans Affairs medical facility at the northwest corner of US Hwy 301 and CR 42 in Summerfield, Marion County. The VA has officially selected the adjoining site for its new The Villages Outpatient Clinic, a major new medical facility planned for approximately 176,000 square feet with 950 parking spaces. The subject property consists of approximately 7 acres immediately adjacent to the VA site, creating a rare opportunity for commercial development positioned to serve veterans, VA employees, healthcare providers, visitors and the rapidly growing population of The Villages/Summerfield market. With the VA site now confirmed, the property is ideally positioned for a variety of complementary commercial and medical uses. Across the intersection is the site for the new 3 County Medical Examiner's Office, while a newer 7-Eleven occupies the neighboring hard corner, further establishing the US 301/CR 42 intersection as an emerging commercial and medical node. The property currently includes a 2,034 SF residence built in 1975, providing potential interim use while redevelopment plans and entitlements are pursued.

Investment Highlights

• ±7 Acres Adjacent to Newly Awarded VA Medical Facility
• Major ±176,000 SF VA Outpatient Clinic Planned Next Door
• 950 Parking Spaces Planned at VA Facility
• 20-Year VA Lease Awarded – ±$258 Million Contract Value
• Excellent Medical, Retail, Hospitality & Service Development Opportunity
• Strategic US 301 / CR 42 Location
• Less Than One Mile From The Villages
• Growing Medical & Commercial Corridor
• Ideal for Medical Office, Rehab, Diagnostics, Hotel, Restaurant, Coffee & Veteran Services
• Existing 2,034 SF Residence Provides Interim Use Potential