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Maria Lebron

marialebron76@gmail.com +1(718) 219-8810

$ 5,295,000

Est. payment | -/mo

11,626 SqFt

Save Virtual Tour

$ 5,295,000

Est. payment | -/mo

Save Virtual Tour

11,626 SqFt

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 11,626 sqft

Price per Sqft $455

Subdivision Sunset Add

MLS Listing ID O6279940

HOA Y/N No

Year Built 1996

Annual Tax Amount $39,507

Lot Size 2.540 Acres

Acres 2.54

Property Sub-Type Restaurant

Source Stellar MLS

Property Description

This is a NNN Sale producing 6.00% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.6% 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.

Location

State FL

County Marion

Community Sunset Add

Area 34471 - Ocala

Zoning B2

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Exterior

Parking Features Ground Level, Lighted, Over 30 Spaces

Utilities Available BB/HS Internet Capable, Electricity Available, Public, Water Connected

View Y/N No

Water Access No

Roof Type Metal

Exposure South

Building

Lot Description Central Business District, Curb and Gutters, City Limits, Landscaped, Near Public Transit, Oversized Lot, Retention Pond, Paved

Story 1

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Others

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6279940

Listed by Edward Johnston COLDWELL BANKER RESIDENTIAL RE

Schools and Properties Nearby

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Phone

+1(718) 219-8810

marialebron76@gmail.com

Address

1400 S International Pkwy, Lake Mary, FL 32746-1607, USA

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2111 SW COLLEGE RD Ocala, FL 34471