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$5,295,000

0 Beds 0 Baths 11,626 SQFT 2.54 Acres
Type: Commercial

2111 SW COLLEGE ROAD
OCALA, FL 34471

MLS#: O6279940
Crystal Vedder
Crystal Vedder
The Real Estate Advantage
Agent
Phone: 218.940.6364
Office: 952.898.5800
Presented by: COLDWELL BANKER REALTY with 407-647-1211. - 407-647-1211

Property Description

 

Under contract-accepting backup offers. 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.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NYes
FlooringCarpet, Ceramic Tile
Heating Y/NYes
Total Stories1
Window FeaturesAluminum Frames

General

AccessibilityAccessible Approach with Ramp, Accessible Entrance, Accessible Full Bath
Additional Parcels Y/NNo
Building Area Units0 sqft
CityOCALA
Construction MaterialsBrick
CoolingCentral Air
CountyMarion
DirectionsI-75 to East on Southwest College to address located on the right
DockY/NNo
Electric200+ Amp Service
Facing DirectionSouth
Flood Zone Codex
Flood Zone Code XY
HeatingCentral
Legal DescriptionSEC 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 TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet110,642 sqft
Lot Size UnitsAcres
MLS Area34471 - Ocala
New ConstructionNo
Occupancy TypeTenant
OwnershipOther
PossessionClose Of Escrow
Property SubtypeRestaurant
Property TypeCommercial Sale
RoofMetal
SewerPublic Sewer
Standard StatusActive Under Contract
StatusPending
Subdivision NameSUNSET ADD
Tax Annual Amount$39,508
Tax Lot1
Tax Year2024
UtilitiesBB/HS Internet Capable, Electricity Available, Public, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1996
ZoningB2

Exterior

Building Area Total12,576 sqft
Foundation DetailsSlab
Lot FeaturesCentral Business District, Curb and Gutters, City Lot, Landscaped, Near Public Transit, Oversized Lot, Retention Pond
Lot Size Acres2.54
Lot Size Area2 sqft
Number of Buildings1
Parking FeaturesGround Level, Lighted, Over 30 Spaces
Road Frontage TypeStreet Paved, Main Throrughfare
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved, Asphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$5,295,000

0 Beds 0 Baths 11,626 SQFT 2.54 Acres
Type: Commercial

2111 SW COLLEGE ROAD
OCALA, FL 34471

MLS#: O6279940
Crystal Vedder
Crystal Vedder
The Real Estate Advantage
Agent
Phone: 218.940.6364
Office: 952.898.5800