Dual-Building Automotive NNN
3680 E Silver Springs Boulevard OCALA Ocala, FL 34470
3680 E Silver Springs Boulevard OCALA, Ocala, FL, 34470
$1,350,000
For Sale
$1,350,000
Take 5 Oil Change operates under a corporate-guaranteed NNN lease on a dual-building automotive site with recent improvements.
Property Size4,114 SF
Lot Size0.86 Acres
Price / SF$328.15
Days on Market18
Property Features for 3680 E Silver Springs Boulevard OCALA
General Information
- Standard status
- Active
- Size
- 4,114 SF
- Lot size
- 0.86 Acres
Building Details
- Year Built
- 1984
Listing agency
(904) 569-5862
Listed by
Garrett Allen
(904) 569-5862
Source
Movetojacksonville
Added: Jul 6 Updated: Jul 22 at 4:53PM Checked: Jul 22 at 4:53PM
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 Garrett Allen
Investment Insights
Based on property information with market context.
Offered is a dual-building automotive investment property featuring a primary building occupied by Take 5 Oil Change under a corporate-guaranteed NNN lease. The lease structure includes 7 years remaining on the initial 15-year term. The primary structure was built in 1984 and has been recently improved with a reroof completed in 2023 and fresh exterior paint. A second freestanding building on-site is currently configured for automotive use as a detailing, tinting, and tire shop-style facility, and it includes substantial paved site areas supporting vehicle circulation and operations.
The property is located along E Silver Springs Blvd in Ocala, Florida, on a 0.86-acre site zoned B2A. Site improvements include over 13,900 SF of asphalt paving, with additional concrete improvements described as supporting stacking and parking. The second building is noted as having previously been used for car wash/auto repair, and the current configuration supports automotive-focused uses within the commercial corridor.
The property is located along E Silver Springs Blvd in Ocala, Florida, on a 0.86-acre site zoned B2A. Site improvements include over 13,900 SF of asphalt paving, with additional concrete improvements described as supporting stacking and parking. The second building is noted as having previously been used for car wash/auto repair, and the current configuration supports automotive-focused uses within the commercial corridor.
Key Highlights
- Dual‑building automotive investment on 0.86 acres with 4,144 total building area
- Take 5 Oil Change on corporate‑guaranteed NNN lease with 7 years remaining on the initial 15‑year term
- Recently improved: reroof in 2023 and fresh exterior paint
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.5k | $37.08 |
| − Vacancy | −$4.7k | −$1.15 |
| EGI | $147.8k | $35.93 |
| − OpEx | −$44.3k | −$10.78 |
| NOI | $103.5k | $25.15 |
4,114 SF · lease $37.08/SF/yr · vacancy 3.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.48M
$1.29M – $1.72M
NOI $103,473 @ 7.0% cap · market cap 7.66%
Second Best
Industrial
$674.2K
$589.9K – $786.6K
NOI $47,194 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M
NOI $157,259 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gregg's Window Tinting
Interior Design
Take 5 Oil ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Auto Master Mobile — E Silver Springs Blvd, Ocala, FL 34470
- Gregg's Window Tinting — 3680 E Silver Springs Blvd, Ocala, FL 34470
- Apex Auto Glass 352 — 2929-2 NE 3rd St, Ocala, FL 34470
- Eastside Auto Repair and Exhaust — 625 NE 36th Ave, Ocala, FL 34470
- Darkside Mobile Tinting — 4023 NE 7th St, Ocala, FL 34470
FAQs
What type of property is this?
Auto shop - Take 5 Oil Change operates under a corporate-guaranteed NNN lease on a dual-building automotive site with recent improvements.
Where is this auto shop located?
The property is located at 3680 E Silver Springs Boulevard OCALA Ocala, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Dual‑building automotive investment on 0.86 acres with 4,144 total building area; Take 5 Oil Change on corporate‑guaranteed NNN lease with 7 years remaining on the initial 15‑year term; Recently improved: reroof in 2023 and fresh exterior paint
