Call Street Cafe

111 W. Call St, Stark, FL

$399,000

Price

8.02%

Cap Rate

$32,000

NOI

Overview
Cap Rate
8.02%
NOI
$32,000
Building Size
3,312 sqft
Lot Area
0.0868 acres
Occupancy
100%
Units
1
Year Built
1960
Floors
1
Description

This attractive investment is home to a very popular breakfast and lunch cafe. Priced on a 5-year Modified Gross Lease with annual increases, it is at a price point that is affordable with a healthy 8% annual return.

Located in downtown Stark, this inline retail unit is a beautiful find. The municipal investments are making Call St an even more vibrant sector of the community. Roundabouts, more walk-able roads are in the works for the county seat city. Located between Gainesville and Jacksonville, Stark is minutes from the famed Camp Blanding, the primary training base for the Florida National Gard.

Highlights
  • Minutes off Highway 301
  • Lots of leasehold improvements
  • Museums, rally car tracks and Camp Blanding Memorial Park close by
  • Reputable tenant in place with long-term lease option

Location
Gallery