For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

2111 SW College Rd Ocala, FL 34471

For Sale
$5,400,000

NNN property with a strong franchisee and attractive return.

Lot size:
2.54 Acres

Property Features for 2111 SW College Rd

General Information

Lot size
2.54 Acres

Building Details

Year built
1996

Source: COLDWELL BANKER RESIDENTIAL RE Agent Edward Johnston

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

NNN Investment Opportunity in Ocala

This is a NNN property for sale, currently producing a 5.75% return on investment. The lease has 12 years remaining, with options for three additional five-year terms. The tenant is an award-winning franchisee operating 32 locations across Florida and Georgia. The property's income is scheduled to increase in 28 months, with a 10% bump bringing the income to $349,418 and a 6.3% return. Further 10% increases are scheduled every 5 years. This is a high-performing store.
Insight Report Location Intelligence

Current Use by Public Records

Golden Corral Buffet ... Buffet Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ocala
County
Marion
State
Florida
Longitude
-82.161419
Latitude
29.1727006

FAQs

What type of property is this?
Drive through restaurant - NNN property with a strong franchisee and attractive return.
Where is this drive through restaurant located?
The property is located at 2111 SW College Rd Ocala, FL.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: - NNN Sale with **5.75% return on investment**; - Upcoming **10% income increase in 28 months**, raising income to $349,418 and a **6.3% return**; - 12 years remaining on the lease
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message