101 SW 60th Ave - Fast Food FOR SALE


Ocala, FL 34474- Southwest Ocala
$1,733,000 USD
954-302-7365
101 SW 60th Ave, Ocala, FL for Sale
$1,733,000 USD
Fast Food - FOR SALE
1/8
null | 6% Cap Rate

101 SW 60th Ave
Ocala, FL 34474
Southwest Ocala


HIGHLIGHTS

  • Brand New 15-Year Lease | Strong & Growing Tenant | Scheduled Rental Increases | Options to Extend
  • Absolute NNN | Zero Landlord Responsibilities | No State Income Tax
  • Off I-75 | Off Signalized, Hard Corner Intersection |Silver Springs Road | Second Ellianos in Ocala
  • Ideal Demographics in Local Trade Area | Marion County | Ocala, FL - 6th Fastest-Growing City in US | World Equestrian Center
  • Demographics in 5-mile Trade Area

OVERVIEW

• The tenant signed a brand-new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site • Ellianos Coffee was founded in Lake City, FL, and currently has 69 operating locations with over 180 additional locations planned • The lease features a 10% rental increases every five years throughout the initial term and in the options to extend, steadily growing the NOI and providing a hedge against inflation

FOR SALE DETAILS

PRICE

$1,733,000 USD

PRICE/SF

$2,113 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ellianos Coffee - Ocala FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

B2

APN/PARCEL ID

2318-001-002

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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