2111 College Rd Ocala, FL 34474

Property Details for 2111 College Rd

Year built

1996

Construction

WOOD FRAME

Lot size

2.54 lot acres

Property size

11,326 SF

Zone code

B2

Property type

Commercial real estate

APN

23534-000-00

APU

2353400000

Description

This exceptional investment opportunity presents a 12,576 square foot Golden Corral restaurant in Ocala, Florida. Located on 2.3 acres at 2111 SW College Rd, this Class A property boasts a strong 12-year remaining lease term (15-year original term) with a highly-rated franchisee operator. The current annual NOI is $317,653, representing a 5.75% cap rate, projected to increase to $349,000 within 28 months. Rent bumps occur every 5 years, providing inflation protection. The property features a single-tenant occupancy (100%) and is situated in a prime location on a major Ocala roadway, surrounded by thriving commercial and residential areas. Built in 1996, this one-story building is zoned for retail use. The NNN lease structure minimizes landlord responsibilities, making this a low-maintenance, high-return investment. The lease includes three 5-year renewal options, ensuring long-term stability and income generation. This is a rare opportunity to acquire a well-established, high-performing restaurant investment with significant upside potential. The property's strong location, reputable tenant, and favorable lease terms make it an attractive addition to any portfolio.

Location Insight

City

Ocala

County

Marion

State

Florida

Longitude

-82.1615

Latitude

29.173

CBSA code

36100

CBSA name

OCALA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments