2111 Sw College Road, Ocala, FL 34471

$5,295,000
11,626
SqFt

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List Price
$5,295,000
Status
Active
Days on Market
532
Price Change
▼ $105,000 1768471612
MLS#
O6279940
Property Style
Restaurant
Year Built
1996
Living Area
11,626
Lot Size
110,642
Acres
2.54
Total Acreage
2 to less than 5
Legal Subdivision Name
Sunset Add
MLS Area Major
Ocala

Property Description

This is a NNN Sale producing 6.00% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.6% 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.

Additional Information

Taxes Annual
$39507
Location
Central Business District, Curb and Gutters, City Limits, Landscaped, Near Public Transit, Oversized Lot, Retention Pond, Paved
Community Features
No Deed Restriction
Zoning
B2
Floor
Carpet, Ceramic Tile
Utilities
BB/HS Internet Capable, Electricity Available, Public, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Brick
Roof
Metal
Foundation
Slab
Pool
No Pool
Garage Features
Ground Level, Lighted, Over 30 Spaces
Flood Zone Code
x
Parcel ID
23534-000-00
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

Listing courtesy of COLDWELL BANKER RESIDENTIAL RE. 407-647-1211

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