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Gelfand Realty Miami Properties - Retail

3648 SE 58, OCALA, FL 34480

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Retail -

3648 SE 58, OCALA, FL 34480

Date Sold 03-05-2019

Sold Price$1,915,031 Asking Price$1,978,866

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  • Days on market:

    95 day(s)

  • Original Price:

    $1,978,866

  • Price per sqft:

    $185.98

  • Tax Legal Description:

    LLILO

  • Tax Year:

    2018

  • Property Type:

    Retail

  • Roof:

    Metal

  • Lot Features:

    Other

Description

$1,978,866 • living size area 10640 sqft

This is the relocation of a successful store in ocala, florida on busy baseline road where average daily traffic is 20,500. this offering represents an ideal opportunity for a 1031 exchange buyer or a "passive" investor. this investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant. the seller is a trusted dollar general developer with a meticulous construction and transaction process in place that makes these transaction extremely smooth and reliable. they have successfully delivered nearly 200 dollar general locations over the past 10+ year. the seller has negotiated special financing terms which may be extended to buyer on this transaction, which could provide substantial cost savings and increased irr to buyer.

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