10038 84th Avenue Rd - Storefront FOR SALE


Ocala, FL 34481
$3,900,000 USD
954-400-2748
10038 84th Avenue Rd, Ocala, FL for Sale
$3,900,000 USD
Storefront - FOR SALE
1/10
null | 5% Cap Rate

10038 84th Avenue Rd
Ocala, FL 34481


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | Established Tenant | Corporate Guaranty | Below Market Rent
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Excellent Visibility & Access | Signalized Hard Corner Intersection |Interstate 75 Access & Draw
  • Strong 5-Mile Demographics | Marion County
  • On Top of The World Communities | Direct Consumer Base
  • Strong Anchor Tenants off State Hwy 200 | Strong Tenant Synergy

OVERVIEW

• Brand new 15-year lease with 5 (5-year) options to extend, demonstrating their long-term commitment to the site • The lease features 8% rental increases every 5 years throughout the initial term and 8% increases at the beginning of each option period • Mavis Tires has 1,400 locations across 26 states

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$559 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Discount Tire - Ocala FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

B-2

APN/PARCEL ID

3501-200-024,3501-200-025

ASK ABOUT THIS PROPERTY

Connor BartonSRS Real Estate PartnersMore Info
954-400-2748

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Connor BartonSRS Real Estate PartnersMore Info
954-400-2748

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.