2111 SW COLLEGE RD, OCALA, FL, 34471
$5,295,000
Commercial Sale
|
Living Area
11,626 Sqft
|
Lot Size
110,642 Sqft
|
This is a NNN Sale producing 6.00% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.6% 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
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6279940 | Year Built: | 1996 | |
| Accessibility Features: | Accessible Approach with Ramp, Accessible Entrance, Accessible Full Bath | Construction Materials: | Brick | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Marion | Direction Faces: | South | |
| Electric: | 200+ Amp Service | Flooring: | Carpet, Ceramic Tile | |
| Foundation Details: | Slab | Heating: | Central | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Lot Features: | Central Business District, Curb and Gutters, City Limits, Landscaped, Near Public Transit, Oversized Lot, Retention Pond, Paved | Occupant Type: | Tenant | |
| Other Equipment: | Grease Trap | Parking Features: | Ground Level, Lighted, Over 30 Spaces | |
| Possession: | Close Of Escrow | Property Sub Type: | Restaurant | |
| Property Type: | Commercial Sale | Road Frontage Type: | Main Throrughfare | |
| Road Responsibility: | Public Maintained Road | Road Surface Type: | Asphalt | |
| Roof: | Metal | Sewer: | Public Sewer | |
| Showing Requirements: | Appointment Only | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | BB/HS Internet Capable, Electricity Available, Public, Water Connected | Water Source: | Public | |
| Window Features: | Aluminum Frames | |||
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