This is a NNN Sale producing 5.75% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.3% return with bumps of 10% every 5 years. There is 12 years remaining on the lease by award winning franchisee with 32 locations throughout Florida and Georgia, with 3 Five Year option for this high performing store.
MLS # | O6279940 |
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Listing Type | For Sale |
Style | Hospitality |
Sub-Type | For-sale |
Status | Active |
Year | 1996 |
Days On Site | 133 |
Listing Provided By | COLDWELL BANKER RESIDENTIAL RE | Edward Johnston |
SQ Feet | 11,626 |
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Story(s) | 1 |
Zoning | B2 |
Acreage | 2.54 |
Property | 4771 |
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State | FL |
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County | Marion |
City | OCALA |
Zip Code | 34471 |
Area | 34471 Ocala |
Community Name | SUNSET ADD |
Listing VS Median (in SUNSET ADD) | |
Price: $5,500,000 low | high Med: $391,450 SqFt: 11,626 low | high Med: 1,175 $ / SqFt: $473 low | high Med: $336 On site: 133 low | high Med: 406.500000 |