Tenant: Marathon | Ocala, FL Premises: 2,681 SF Renewal Options:
Lease Expiration: Lease Type: Rental Increases:
Excellent Owner/User Opportunity with Stable Operating History
Major North/South Retail Corridor Featuring Signalized Intersection Access
Desirable Ocala FL Location Featuring 2 Major Community Hospitals and Medical Centers; Including Munroe and Ocala Regional Centers
Value Add Opportunity Through Improved Management/Operations to Increase Inside Sales/Negotiate Fuel Supply Agreement
Retail Area Near Car Dealerships, Motels and Community Colleges
Strong Traffic Count of 67,285 VPD at the intersection of S. Pine Avenue and SW 10th Street
Excellent Demographics – Population of Over 92,000 Within a 5-Mile Radius with an Average Household Income of Over $57,000
Located Within Ocala MSA
Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. It was elected the best employer of United States in 2016 by Forbes. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011. Marathon Oil, the company's former parent, dates back to 1887 when several small oil companies in Ohio banded together to form The Ohio Oil Company. From 1982 until 2002, Marathon Oil was a subsidiary of U.S. Steel. Marathon Petroleum Corporation was formed on November 9, 2005 as a subsidiary of Marathon Oil.
The company owns:
7 refineries with a total crude oil throughput of 1,794,000 barrels per day
The Speedway LLC retail chain, which includes 2,770 retail outlets, the second largest chain of company-owned and operated retail gasoline and convenience stores in the United States.
Leasehold or ownership interests in in approximately 8,400 miles of petroleum pipelines and 5,000 miles of natural gas and natural gas liquids pipelines as well as related transportation and distribution assets such as railcars, barges, and processing terminals.
A 20.4% interest, including a controlling 2% general partner interest, in MPLX, a public master limited partnership that owns pipelines and other midstream assets related to the transportation and storage of crude oil. NYSE: MPLX