2111 SW COLLEGE RD new Save Request In-Person Tour Request Virtual Tour
Ocala,FL 34471
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 11,626 sqft
Price per Sqft $473
Subdivision Sunset Add
MLS Listing ID O6279940
HOA Y/N No
Originating Board Stellar MLS
Year Built 1996
Annual Tax Amount $39,507
Lot Size 2.540 Acres
Acres 2.54
Property Description
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.
Location
State FL
County Marion
Community Sunset Add
Zoning B2
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Ceramic Tile
Exterior
Parking Features Ground Level,Lighted,Over 30 Spaces
Utilities Available BB/HS Internet Capable,Electricity Available,Public,Water Connected
Roof Type Metal
Building
Lot Description Central Business District,Curb and Gutters,City Limits,Landscaped,Near Public Transit,Oversized Lot,Retention Pond,Paved
Story 1
Foundation Slab
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Others
Ownership Other
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6279940