2111 College Rd Ocala, FL 34474
- Commercial real estate
- 11,326 SF
- 2.54 lot acres
Current Use by Public Records
- Golden Corral Buffet & Grill / Restaurant / Buffet
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,960,000
- ML approach
- $4,915,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ocala
- County
- Marion
- State
- Florida
- Longitude
- -82.1615
- Latitude
- 29.173
- CBSA code
- 36100
- CBSA name
- OCALA, FL METROPOLITAN STATISTICAL AREA
