2111 College Road, OCALA, FL 34471
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- MLS#: O6279940 ( Commercial Sale )
- Street Address: 2111 College Road
- Viewed: 176
- Price: $5,400,000
- Price sqft: $429
- Waterfront: No
- Year Built: 1996
- Bldg sqft: 12576
- Days On Market: 205
- Additional Information
- Geolocation: 29.173 / -82.1615
- County: MARION
- City: OCALA
- Zipcode: 34471
- Subdivision: Sunset Add
- Provided by: COLDWELL BANKER RESIDENTIAL RE
- Contact: Edward Johnston
- 407-647-1211
- DMCA Notice
-
DescriptionThis 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.
Property Location and Similar Properties
Features
Accessibility Features
- Accessible Approach with Ramp
- Accessible Entrance
- Accessible Full Bath
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Electric
- 200+ Amp Service
Flooring
- Carpet
- Ceramic Tile
Garage Spaces
- 0.00
Heating
- Central
Insurance Expense
- 0.00
Legal Description
- SEC 24 TWP 15 RGE 21 PLAT BOOK C PAGE 51 SUNSET AD BLK E LOTS 1.2.3.12.13.14 LESS AND EXC THE ELY 98 FT OF LOT 14 & THE S 6.07 FT OF THE ELY 98 FT OF LOT 1 TOGETHER WITH THAT PART OF ABROGATED ALLEY LYING BETWEEN LOTS
Living Area
- 11626.00
Lot Features
- Central Business District
- Curb and Gutters
- City Limits
- Landscaped
- Near Public Transit
- Oversized Lot
- Retention Pond
- Paved
Area Major
- 34471 - Ocala
Net Operating Income
- 317653.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 23534-000-00
Parking Features
- Ground Level
- Lighted
- Over 30 Spaces
Possession
- Close Of Escrow
Property Type
- Commercial Sale
Road Frontage Type
- Main Throrughfare
Roof
- Metal
Sewer
- Public Sewer
Tax Year
- 2024
Township
- 15S
Utilities
- BB/HS Internet Capable
- Electricity Available
- Public
- Water Connected
Views
- 176
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/O6279940
Water Source
- Public
Year Built
- 1996
Zoning Code
- B2