Ground Lease

This highly visible commercial outparcel is strategically positioned along one of Citrus County’s primary commercial corridors with strong roadway exposure, hotel adjacency, and continued residential growth throughout Lecanto and greater Citrus County.±1.05 Acres | 250 FT Frontage on Gulf to Lake Hwy | Lecanto, FL Exceptional restaurant development opportunity located along the highly traveled Gulf to Lake Highway (SR 44) corridor in the heart of Lecanto, one of Citrus County’s fastest-growing commercial areas. This ±1.05-acre site (45,773 SF) offers approximately 250 feet of frontage on Gulf to Lake Hwy, providing outstanding visibility, accessibility, and positioning for restaurant, retail, or hospitality-oriented users. The property is ideally suited for a full-service restaurant, fast casual concept, QSR, or build-to-suit development. All utilities are in place to the site, significantly reducing development timelines and infrastructure costs. Additionally, the existing DRA retention pond serving the property is already located behind the hotel, maximizing the site’s usable footprint and development efficiency. Strategically positioned adjacent to the Holiday Inn Express & Suites Inverness-Lecanto by IHG, the site benefits from consistent hotel traffic, regional commuters, and expanding residential growth throughout Lecanto and greater Citrus County. Further enhancing the site’s long-term value is its location near a major new retail development anchored by a new The Home Depot anticipated to open in 2026. The surrounding retail growth is expected to significantly increase daytime traffic, consumer activity, and restaurant demand within the immediate trade area. The property also benefits from direct proximity to the large Citrus Hills residential community located immediately behind the corridor, providing a strong built-in customer base with ongoing residential expansion and substantial local purchasing power. Gulf to Lake Highway serves as one of Citrus County’s primary east-west commercial corridors, connecting Lecanto, Inverness, Crystal River, and the expanding Suncoast Parkway system. Continued residential and commercial development throughout the corridor is driving increased traffic counts, consumer demand, and long-term investment potential.