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5312 SW 6th Place, Ocala, FL

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5312 SW 6th Place

Ocala, FL 34474 - Greater Ocala Submarket

Property Type:Office Sub Type:Telecom Hotel/Data Hosting Status:Existing , Renov 2001 Year Built:1988
Stories:1 Typical Floor:102,400 SF Building Size:102,400 SF
For Sale Price:$13,500,000 Price/SF:$131.84
Cap Rate:7.59 %
Parking:Free Surface spaces are available; Ratio of 2.23/1,000 SF

* Located in north central part of state, 43 miles south of Gainesville, off I-75 South.
* Previous usage: Defense system electrical components

Sale Notes:
Stan Johnson Company is pleased to exclusively offer for sale an office property located at 5312 SW Sixth Place in Ocala, Florida (the Property ). The Property is leased to AT&T Mobility; AT&T, Inc. is a global leader in providing voice, video, data, and Internet telecommunications and professional services to businesses, consumers and government agencies.

The Property consists of a 102,400 SF building situated on approximately 19.88 acres that was renovated to a call center for AT&T in 2001 through a $6 million build-out. AT&T is operating under an absolute NNN lease and recently exercised its first renewal option which commences in September 2016. The lease features three additional renewal options at five years each with 2% annual rental increases throughout. AT&T currently employs in excess of 500 employees at this facility.
Located in the heart of Central Florida, Ocala is the midway point between Atlanta and Miami - an area of nearly 40 million people. Several major highways pass through the city, including Interstate 75, U.S. Highway 27, U.S. Route 301 and U.S. Highway 441. Additionally, Ocala is centered among the major metro areas of Jacksonville, Orlando and Tampa, all within a two-hour drive. Local businesses have access to major markets using the interstate and U.S. highways, railroads, and Ocala International Airport, a premier general aviation airport serving commercial, industrial and corporate needs.

Stan Johnson Company
David H Clary
(918) 494-2690

Zach Harris
(918) 494-2690

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