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$5,500,000

Est. payment - /mo

11,626 SqFt

Active

2111 SW COLLEGE RD Ocala, FL 34471

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MAXIM LLC

maxim@maximrealtors.com +1(407) 288-0704

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Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 11,626 sqft

Price per Sqft $473

Subdivision Sunset Add

MLS Listing ID O6279940

HOA Y/N No

Originating Board Stellar MLS

Year Built 1996

Annual Tax Amount $39,507

Lot Size 2.540 Acres

Acres 2.54

Property Sub-Type Restaurant

New Construction false

Property Description

This 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.

Location

State FL

County Marion

Community Sunset Add

Area 34471 - Ocala

Zoning B2

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Exterior

Parking Features Ground Level, Lighted, Over 30 Spaces

Utilities Available BB/HS Internet Capable, Electricity Available, Public, Water Connected

Roof Type Metal

Building

Lot Description Central Business District, Curb and Gutters, City Limits, Landscaped, Near Public Transit, Oversized Lot, Retention Pond, Paved

Story 1

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Others

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6279940

Listed by COLDWELL BANKER RESIDENTIAL RE

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MAXIM LLC

+1(407) 288-0704

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2111 SW COLLEGE RD Ocala, FL 34471

MAXIM LLC

Key Details

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2111 SW COLLEGE RD