This is a NNN Sale producing 5.75% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.3% return with bumps of 10% every 5 years. There is 12 years remaining on the lease by award winning franchisee with 32 locations throughout Florida and Georgia, with 3 Five Year option for this high performing store.
Property Details
Price:
$5,500,000
MLS #:
O6279940
Status:
Active
Beds:
0
Baths:
0
Address:
2111 SW COLLEGE ROAD
Type:
Commercial
Subtype:
Restaurant
Subdivision:
SUNSET ADD
Neighborhood:
34471 – Ocala
City:
OCALA
Listed Date:
Feb 11, 2025
State:
FL
Finished Sq Ft:
12,576
Total Sq Ft:
12,576
ZIP:
34471
Lot Size:
110,642 sqft / 2.54 acres (approx)
Year Built:
1996
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
More About GaryMortgage Calculator
Schools
Interior
Cooling
Central Air
Flooring
Carpet, Ceramic Tile
Heating
Central
Exterior
Construction Materials
Brick
Parking Features
Ground Level, Lighted, Over 30 Spaces
Roof
Metal
Financial
Tax Year
2024
Taxes
$39,508
Map
Community
- Address2111 SW COLLEGE ROAD OCALA FL
- SubdivisionSUNSET ADD
- CityOCALA
- CountyMarion
- Zip Code34471
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2111 SW COLLEGE ROAD
OCALA, FL
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