2111 College Rd Ocala, FL 34474
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High-Performing NNN Lease Investment
Property size:
12,576 SFProperty Features for 2111 College Rd
General Information
- Property type
- Restaurants
- Square Feet
- 12,576 SF
- Class
- A
- Lot Size
- 100,188 SF
Building Details
- Year Built
- 1996
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agent: Edward Johnston
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 12,576 square foot Golden Corral restaurant in Ocala, Florida. Located on 2.3 acres at 2111 SW College Rd, this Class A property boasts a strong 12-year remaining lease term (15-year original term) with a highly-rated franchisee operator. The current annual NOI is $317,653, representing a 5.75% cap rate, projected to increase to $349,000 within 28 months. Rent bumps occur every 5 years, providing inflation protection. The property features a single-tenant occupancy (100%) and is situated in a prime location on a major Ocala roadway, surrounded by thriving commercial and residential areas. Built in 1996, this one-story building is zoned for retail use. The NNN lease structure minimizes landlord responsibilities, making this a low-maintenance, high-return investment. The lease includes three 5-year renewal options, ensuring long-term stability and income generation. This is a rare opportunity to acquire a well-established, high-performing restaurant investment with significant upside potential. The property's strong location, reputable tenant, and favorable lease terms make it an attractive addition to any portfolio.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Golden Corral Buffet ...
Restaurant
Location Insight
- Map
- Local Demand
- City
- Ocala
- County
- Marion
- State
- Florida
- Longitude
- -82.1614775
- Latitude
- 29.1726776
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FAQs
What type of property is this?
Restaurant - High-Performing NNN Lease Investment
Where is this restaurant located?
The property is located at 2111 College Rd Ocala, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: $5,500,000 asking price for a Net Leased Golden Corral restaurant.; 12,576 square foot building on a 2.3-acre lot in Ocala, Florida.; 12 years remaining on a 15-year lease with 5-year rent bumps.