2111 SW COLLEGE ROAD

$5,295,000

$455/sq ft

$205,000
Price Decreased

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Overview

Year Built

1996

Sqft

11626

Property Type

Restaurant

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.

Property Details

MLS#

O6279940

Total Floor in Bldg

1

Address

2111 COLLEGE SW

City

Ocala

State/county

FL

Zip/Postal Code

34471

Area

Sunset Add

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$39,507

Maint Fee

$--

Tax Year

2024

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Boris Gelfand