Firestone Complete Auto Care
For Sale
Contact for pricing
5866 SW 95th St, Ocala, FL 34476
New construction Firestone Complete Auto Care under an absolute NNN lease with scheduled opening in August 2026.
Property Size6,607 SF
Price / SF$825.04
Days on Market127
Property Features for 5866 SW 95th St
General Information
Standard status
Active
Size
6,607 SF
Total Parking Spaces
32
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$278,001
Financials
Cap Rate
5%
Business Included
Yes
Additional Details
Traffic Count
16,400 vehicles/day
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
32
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Bryan Bender · License #MI 6501319610
(248) 419-3810
Source:
Crexi
Added: May 1
Changed: Sep 2
Last Checked: Sep 4 at 6:05AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a Firestone Complete Auto Care store currently under construction. The property is scheduled for rent start and store opening in August 2026 and is offered on an absolute NNN structure, with the lease stating “zero landlord responsibilities.” The term is 15 years, with 5% rental rate increases every five years and includes 5 (five-year) options, each reflecting the stated increase schedule.
The site is positioned for strong retail visibility on SW 95th Street (16,400 ADTC) and SW 57th Avenue near the signalized corner of SW 60th Avenue (22,000 ADTC). The development is adjacent to a Heartland Dental development, surrounded by residential homes, and across from a Publix shopping center.
This offering targets a growing Ocala market, with a 5-mile population of 72,163 and a 1-mile household income of $89,554. The 1-mile population growth rate is noted at 13.90%.
The site is positioned for strong retail visibility on SW 95th Street (16,400 ADTC) and SW 57th Avenue near the signalized corner of SW 60th Avenue (22,000 ADTC). The development is adjacent to a Heartland Dental development, surrounded by residential homes, and across from a Publix shopping center.
This offering targets a growing Ocala market, with a 5-mile population of 72,163 and a 1-mile household income of $89,554. The 1-mile population growth rate is noted at 13.90%.
Key Highlights
- 6,607 SF Firestone Complete Auto Care store (new construction) in Ocala, FL
- 15‑year absolute NNN lease with zero landlord responsibilities
- Rent increases of 5% every 5 years, including at each of the 5 (5‑year) options
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$166,175
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,323,500
$3.3M
Cap Rate 7%
$2,373,929
$2.4M
Cap Rate 9%
$1,846,389
$1.8M
Market Conditions
NOI Build-Up for 6,607 SF
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.
Gross rent
$245.0K $37.08/SF
− Vacancy
−$7.6K −$1.15/SF
EGI
$237.4K $35.93/SF
− OpEx
−$71.2K −$10.78/SF
NOI
$166.2K $25.15/SF
Area
Marion County, FL
Vacancy
3.10%
Lease Rate
$37.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,323,500
Cap Rate 7%
$2,373,929
Cap Rate 9%
$1,846,389
Alternative Uses
Best Use
Retail
$2.37M
$2.08M – $2.77M
NOI $166,175 @ 7.0% cap · market cap 3.05%
Second Best
Industrial
$1.08M
$947.4K – $1.26M
NOI $75,792 @ 7.0% cap · market cap 1.39%
Theoretical Best
Office A
$3.61M
$3.16M – $4.21M
NOI $252,554 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16,400 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34476, FL
26,522
Population
12,754
Households
2.1
Avg Household Size
58
Median Age
28%
College-Educated
94%
High-School Grad
34.6 sq mi
ZIP Area
767
Density / Sq Mi
$65,429
Median Household Income
$41,820
Median Earnings
$1,303
Median Rent
$260,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Auto shop - New construction Firestone Complete Auto Care under an absolute NNN lease with scheduled opening in August 2026.
Where is this auto shop located?
The property is located at 5866 SW 95th St Ocala, FL.
What is the asking price?
The asking price for this property is $5,451,007.
What are key features of this property?
This property features: 6,607 SF Firestone Complete Auto Care store (new construction) in Ocala, FL; 15‑year absolute NNN lease with zero landlord responsibilities; Rent increases of 5% every 5 years, including at each of the 5 (5‑year) options
