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Freestanding Conventional Restaurant
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11300 SW 95th Circle, Ocala, FL 34481

Corporate-backed occupancy includes an Absolute NNN lease and multiple renewal options.

Property Size5,204 SF
Lot Size1.58 Acres
Price / SF$734.82
Days on Market7

Property Features for 11300 SW 95th Circle

General Information

Standard status Active
Size 5,204 SF
Total Parking Spaces 92
Lot size 1.58 Acres
Property subtype Retail
Zoning B-4 - Regional Business (Marion County)
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $214,502

Additional Details

Traffic Count 22,000 vehicles/day

Building Details

Year Built 2005
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Ripco Real Estate
Listed By: Ari Ravi · License #SL- 3210827
Source: Crexi
Added: Aug 5 Changed: Aug 11 Last Checked: Aug 11 at 9:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ripco Real Estate

Investment Insights

Based on property information with market context.

Built in 2005, this freestanding conventional restaurant contains approximately 5,204 square feet on a ±1.58-acre Walmart outparcel. The property operates as a Bob Evans family restaurant and is leased to Bob Evans Restaurants, LLC under an Absolute NNN structure with a corporate guaranty. The lease has more than 10 years remaining, along with six five-year renewal options that could extend occupancy through 2067. Contractual rent increases are +2% annually during the current term, while renewal periods provide for the greater of +2% annual increases or Fair Market Value.

The property is located at 11300 SW 95th Circle in Ocala, Marion County, Florida, within the B-4 - Regional Business zoning district. State Road 200 records 22,000 AADT at the property. The surrounding five-mile area includes approximately 60,821 residents and average household income of approximately $91,510.

Key Highlights

  • ±5,204 square foot freestanding Bob Evans family restaurant
  • ±1.58‑acre Walmart outparcel in Ocala, Marion County, Florida
  • Absolute NNN lease to Bob Evans Restaurants, LLC with a corporate guaranty

Property Analytics

Current Use

Bob Evans Restaurant

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply Auto Repair Shop Pharmacy Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

424
Businesses Nearby
84k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Apparel 14% Dining 11% Electronics 7%
Murphy USA Shops & Services
26,966 visits/mo 0.1 miles
Dollar Tree Shops & Services
21,235 visits/mo 0.4 miles
Bealls Florida Apparel
11,453 visits/mo 0.4 miles
Lee's Famous Recipe Chicken Dining
7,361 visits/mo 0.1 miles
Advance Auto Parts Shops & Services
5,635 visits/mo 0.2 miles

Demographics for 34481, FL

23,097
Population
14,183
Households
1.6
Avg Household Size
69
Median Age
29%
College-Educated
94%
High-School Grad
69.2 sq mi
ZIP Area
334
Density / Sq Mi
$54,639
Median Household Income
$30,917
Median Earnings
$1,154
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corporate-backed occupancy includes an Absolute NNN lease and multiple renewal options.
Where is this conventional restaurant located?
The property is located at 11300 SW 95th Circle Ocala, FL.
What is the asking price?
The asking price for this property is $3,824,000.
What are key features of this property?
This property features: ±5,204 square foot freestanding Bob Evans family restaurant; ±1.58‑acre Walmart outparcel in Ocala, Marion County, Florida; Absolute NNN lease to Bob Evans Restaurants, LLC with a corporate guaranty
(727) 452-6864 Call to check price and availability
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