2111 Sw College Road OCALA Ocala, FL 34471

Building Details

Year Built

1996

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Listed by David & Becky Kampmeyer Show Phone

Source Yourfhrm

Added: Jul 8 Updated: Jul 10 at 2:14PM Checked: Jul 21 at 3:17AM

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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

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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

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FAQs

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