request_info_guest false

NNN Golden Corral

$5,500,000

2111 Southwest College Road, Ocala, FL 34474

Active
Last Updated: 02/12/2025

5.75

Cap Rate

317,653

NOI

Details:
Cap Rate:    5.75%
NOI:    $317,653
Lot Area:    2.4 acres
Occupancy:    100%
Class:    A
Lease Type:    Triple Net
Year Built:    1996
Zoning:    Retail/Commerical
Tenancy:    Single
CeilingHeight:    10
Restrooms:    2
Floor:    1
HVAC:    Central
Roof:    Metal
Construction Status:    built
Gross Leaseable Area:    12,576
Lease Expire Year:    06/2037
Investment Strategy:    Opportunistic
Description:

This amazing opportunity set on 2.3 acres of premium land with over 12000 square feet building set on one the major roadways of Ocala.

Currently bringing in over $317,000 per year and within 28 months jumps to $349,000 this is major inflation fighter investment. With 12 years remaining with 10% Bumps every 5 years and 3 options of 5 years each to renew the lease.

This high performing Investment is located on SW College Road which is a main artery of Ocala the Fastest Growing areas in the Country.
Located within excellent demographics and surrounded by Commercial and residential properties. The operator is Eric Holms an Award Winning franchisee which operated 32 of these high traffic restaurants in Florida and Georgia. Holms Restaurants has ranked in the top 50 largest franchised groups in the US.

Map:
Location
Gallery