11300 N 95th Cir - Restaurant FOR SALE


Ocala, FL 34481
$3,824,000 USD
847-287-0616
11300 N 95th Cir, Ocala, FL for Sale
$3,824,000 USD
Restaurant - FOR SALE
1/4
null | 5.61% Cap Rate

11300 N 95th Cir
Ocala, FL 34481


HIGHLIGHTS

  • Absolute NNN lease with approximately 10.7 years of term remaining through April 2037, with no Landlord responsibilities
  • Corporate lease with Bob Evans Restaurants, LLC places the full operating entity behind the income stream
  • This location sees more foot traffic than 70% of Bob Evans stores in Florida (Placer.ai)
  • Lease includes +2% rental increases annually through the lease term and the greater of +2% annual increases or Fair Market Value in the option periods
  • Corporate ownership of every location eliminates the franchisee credit risk common to net-lease restaurants
  • Walmart outparcel on State Road 200, southwest Ocala’s dominant and fastest-growing retail artery carrying 22,000 AADT

OVERVIEW

RIPCO Real Estate is pleased to offer for sale 11300 SW 95th Circle, a ±5,204 square foot freestanding Bob Evans family restaurant on a ±1.58-acre Walmart outparcel in Ocala, Marion County, Florida. The property is leased on an Absolute NNN basis to Bob Evans Restaurants, LLC, with a corporate guaranty, with over 10 years remaining on the lease term and six (6) five-year renewal options extend potential tenancy through 2067. The current lease includes +2% annual rental increases and the option periods are the greater of +2% annual rental increases or Fair Market Value, hedging against inflation. Founded on an Ohio farm in 1948, Bob Evans operates approximately 420 corporate-owned restaurants across 18 states and was acquired by 4x4 Capital in February 2026. State Road 200 carries 22,000 AADT at the property, and within five miles there is a population of approximately 60,821 and an average household income of approximately $91,510. The asset would be an attractive opportunity for an investor seeking management-free, corporate lease from a long-tenured national family-dining brand, with 2% annual rent growth and a long option runway, and positioned as a Walmart outparcel on Ocala’s dominant State Road 200 corridor in a high-growth, no-state-income-tax Florida market.

FOR SALE DETAILS

PRICE

$3,824,000 USD

PRICE/SF

$695 USD /SF

CAP RATE

5.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

92

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

B4

APN/PARCEL ID

35342-000-07

ASK ABOUT THIS PROPERTY

Ryan LundgrenRIPCO Real EstateMore Info
847-287-0616

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

Ryan LundgrenRIPCO Real EstateMore Info
847-287-0616

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