Headshot for Associate Carolyn Watson
  1. Carolyn Watson, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 941.815.8430
  4. carolyntuckerwatson@gmail.com
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  • MLS#: O6279940 ( Commercial Sale )
  • Street Address: 2111 College Road
  • Viewed: 30
  • Price: $5,500,000
  • Price sqft: $437
  • Waterfront: No
  • Year Built: 1996
  • Bldg sqft: 12576
  • Days On Market: 30
  • Additional Information
  • Geolocation: 29.173 / -82.1615
  • County: MARION
  • City: OCALA
  • Zipcode: 34471
  • Subdivision: Sunset Add
  • Provided by: COLDWELL BANKER RESIDENTIAL RE
  • Contact: Edward Johnston
  • 407-647-1211
  • mfrmls
  • DMCA Notice
  • 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.
Property Features
Accessibility Features
  1. Accessible Approach with Ramp
  2. Accessible Entrance
  3. Accessible Full Bath
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Electric
  1. 200+ Amp Service
Flooring
  1. Carpet
  2. Ceramic Tile
Garage Spaces
  1. 0.00
Heating
  1. Central
Legal Description
  1. 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
Living Area
  1. 11626.00
Lot Features
  1. Central Business District
  2. Curb and Gutters
  3. City Limits
  4. Landscaped
  5. Near Public Transit
  6. Oversized Lot
  7. Retention Pond
  8. Paved
Area Major
  1. 34471 - Ocala
Net Operating Income
  1. 317653.00
Occupant Type
  1. Tenant
Parcel Number
  1. 23534-000-00
Parking Features
  1. Ground Level
  2. Lighted
  3. Over 30 Spaces
Possession
  1. Close of Escrow
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Main Throrughfare
Roof
  1. Metal
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 15S
Utilities
  1. BB/HS Internet Capable
  2. Electricity Available
  3. Public
  4. Water Connected
Views
  1. 30
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6279940
Water Source
  1. Public
Year Built
  1. 1996
Zoning Code
  1. B2