917 N Pine Ave - Service Station FOR SALE


Ocala, FL 34475- Downtown Ocala
$7,831,200 USD
843-343-1351
917 N Pine Ave, Ocala, FL for Sale
$7,831,200 USD
Service Station - FOR SALE
1/2
null | 5.25% Cap Rate

917 N Pine Ave
Ocala, FL 34475
Downtown Ocala


HIGHLIGHTS

  • 12+ Year Absolute NNN Lease
  • Car Wash Site
  • Features Laredo Taco and Roost

OVERVIEW

Oswald Cooke & Associates is pleased to present a large-format corporate 7-Eleven store featuring Laredo Taco, Roost, and a car wash, available now to qualified investors. The location opened in December 2021 and is backed by a 15-year corporate lease, which has four (4) five-year renewal options and 10% rental increases every 5th year throughout the lease. Situated on 1.87 acres, the 4,650 SF convenience store occupies a prominent signalized intersection at North Pine Avenue/Hwy 27 (32,500 VPD)  and NW 9th Street (16,900 VPD). North Pine Avenue provides direct access to Downtown Ocala, while Highway 27 connects to Interstate 75, just under three miles away, offering exceptional regional connectivity. Ocala’s metro area was the fastest growing in the U.S. between 2023–2024 among metro areas, growing at 4%+ according to recent census data. 7-Eleven has a standard and Poor’s bond rating of AA-, operates 83,000 stores worldwide, and is the nation’s largest convenience store chain with over 13,000 locations.

FOR SALE DETAILS

PRICE

$7,831,200 USD

PRICE/SF

$1,684 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,934 SF

ZONING

C

APN/PARCEL ID

2571-001-001

ASK ABOUT THIS PROPERTY

Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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