2111 SW COLLEGE RD Active Save Request In-Person Tour Request Virtual Tour
Ocala,FL 34471
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 11,626 sqft
Price per Sqft $473
Subdivision Sunset Add
MLS Listing ID O6279940
HOA Y/N No
Originating Board Stellar MLS
Year Built 1996
Annual Tax Amount $39,507
Lot Size 2.540 Acres
Acres 2.54
Property Sub-Type Restaurant
Property Description
This is a NNN Sale producing 5.75% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.3% return with bumps of 10% every 5 years. There is 12 years remaining on the lease by award winning franchisee with 32 locations throughout Florida and Georgia, with 3 Five Year option for this high performing store.
Location
State FL
County Marion
Community Sunset Add
Area 34471 - Ocala
Zoning B2
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Ceramic Tile
Exterior
Parking Features Ground Level,Lighted,Over 30 Spaces
Utilities Available BB/HS Internet Capable,Electricity Available,Public,Water Connected
Roof Type Metal
Building
Lot Description Central Business District,Curb and Gutters,City Limits,Landscaped,Near Public Transit,Oversized Lot,Retention Pond,Paved
Story 1
Foundation Slab
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Others
Ownership Other
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6279940