4720 SW COLLEGE RD, Ocala, FL 34474

$2,700,000

Est. payment /mo

$2,997,818

9.9%
Est.Price: ?

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4720 SW COLLEGE RD Ocala, FL 34474

5,564 SqFt

SOLD DATE : 07/21/2023

Key Details

Sold Price $2,700,000

Property Type Commercial

Sub Type Restaurant

Listing Status Sold

Purchase Type For Sale

Square Footage 5,564 sqft

Price per Sqft $485

Subdivision Heathbrook North B-2

MLS Listing ID OM657820

Sold Date 07/21/23

HOA Y/N No

Year Built 2021

Annual Tax Amount $23,551

Lot Size 1.150 Acres

Acres 1.15

Property Sub-Type Restaurant

Source Stellar MLS

Property Description

Class AAA investment property on Ocala's BEST corridor. Built in 2021 this building is comprised of 5,564 SF on 1.15 acres and located on SR 200 in Ocala FL with +/- 41,000 AADT. This investment is anchored with a 10 year guaranteed lease with Chick Salad Chick with 8 Years remaining and a 7 year lease to Florida Medical Associates with their full term remaining. This multi-tenant investment has no parallel in Ocala's Market! Offered at a 5.5% Rate of Return this a solid investment.

Location

State FL

County Marion

Community Heathbrook North B-2

Area 34474 - Ocala

Zoning B2

Interior

Cooling Central Air

Exterior

View Y/N No

Water Access No

Building

Story 1

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Block

New Construction false

Others

Ownership Sole Proprietor

Special Listing Condition None

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Magda Whelton And Michelle Whelton

Magda Whelton And Michelle Whelton

+1(941) 408-4047

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Stellar MLS
Listed by Nolan Galloway, III GUS GALLOWAY REALTY INC
Bought with Nolan Galloway, III GUS GALLOWAY REALTY INC

NEARBY SCHOOLS & BUSINESSES

Magda Whelton And Michelle Whelton

Magda Whelton And Michelle Whelton

Advisor | License ID: SL3226366

+1(941) 408-4047

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