6187 SW State Road 200 - Auto Repair FOR SALE
Ocala, FL 34476 |
$2,000,000 USD
602-687-6650
6187 SW State Road 200
Ocala, FL 34476
HIGHLIGHTS
- 10-Year Lease with a Multi-Unit Meineke Franchisee (35+ Units)
- 10% Rental Increase Occurring in 2029, with Annual Increases Occurring in Each of 4, 5-Year Renewal Options
- Densely-Populated Ocala Trade Area with 75,481 Residents within a 5-Mile Radius
- Households and Population Projected to Increase 13%+ in the Immediate Area Over the Next 5 Years
- Adjacent to a New Master-Planned Community in Development
- Excellent Frontage Along SW Highway 200 (±38,000 Cars per Day), Ocala's Primary Thoroughfare with Direct Access to Downtown Ocala
OVERVIEW
Meineke is one of the largest and most-recognized automotive repair brands in North America, with approximately 750 auto repair locations nationwide. PARC Auto is a franchisee of Meineke Car Care Centers. PARC Auto owns and operates 35 high-performing locations throughout Kentucky, Indiana, and Florida.
Ocala is a city in, and the county seat of, Marion County, Florida. Located in North Central Florida, the city is home to an estimated 64,000 residents. Ocala is the principal city of the Ocala metropolitan area, which is home to approximately 376,000 residents.
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$467 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Meineke Car Care Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Auto Repair, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.59 AC
LAND SF
25,700 SF
ZONING
-
APN/PARCEL ID
3548-004-001
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
602-687-6650
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
602-687-6650
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
