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Single-Tenant NNN Restaurant
For Sale
$5,295,000

2111 Sw College Road OCALA, Ocala, FL 34471

NNN restaurant sale with 12 years remaining on the lease and periodic 10% income bumps every five years.

Property Size12,576 SF
Price / SF$455.44
Days on Market49

Property Features for 2111 Sw College Road OCALA

General Information

Standard status Active
Size 12,576 SF
Zoning B2

Financials

Cap Rate 6.6%
Business Included Yes

Taxes and HOA fees

Annual Taxes $39,507

Building Details

Building Size 12,576 SF
Year Built 1996
Buildings 1
Tenancy Single
Listing Agency:
Listed By: David & Becky Kampmeyer
Source: Yourfhrm
Added: Jul 8 Changed: Aug 25 Last Checked: Aug 25 at 5:28AM

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 David & Becky Kampmeyer

Investment Insights

Based on property information with market context.

This NNN sale is positioned as an income-producing single-tenant restaurant with 12 years remaining on the current lease. Public remarks describe a base return of 6.00%, with an income bump that increases performance to $349,418 and a 6.6% return, followed by 10% bumps every five years thereafter. The lease is with an award-winning franchisee operating 32 locations across Florida and Georgia.

The property is located at 2111 SW College Road in Ocala, FL (34471). The lease structure includes three five-year options for the current location, as noted in the remarks.

Key Highlights

  • NNN restaurant sale with 12 years remaining on the lease
  • Lease includes periodic 10% income bumps every 5 years
  • Current reported return of 6.00% with projected income of $349,418 and 6.6% return after the new 10% bump

Property Analytics

Current Use

Golden Corral Buffet ... Restaurant

Suggested Use

Top Pick Law Firm Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Hotel & Motel

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

Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,121
Businesses Nearby

Demographics for 34471, FL

27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
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
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Frequently Asked Questions

What type of property is this?
NNN property - NNN restaurant sale with 12 years remaining on the lease and periodic 10% income bumps every five years.
Where is this nnn property located?
The property is located at 2111 Sw College Road OCALA Ocala, FL.
What is the asking price?
The asking price for this property is $5,295,000.
What are key features of this property?
This property features: NNN restaurant sale with 12 years remaining on the lease; Lease includes periodic 10% income bumps every 5 years; Current reported return of 6.00% with projected income of $349,418 and 6.6% return after the new 10% bump
More about this property
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