Commercial Potential at 42 and 301

Close to The Villages across from the new 7-11 and Medical Examiners office and adjacent to the new VA HospitalExceptional 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 VA has awarded a 20-year lease for the facility, representing a total lease contract value of approximately $258 million. 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.