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Starbucks

2710 Southwest College Road, Ocala, FL, USA
$3,142,857 5.25% Cap 2,504 sq ft Built 2018 Representative Photo Print This Page

Location

2710 Southwest College Road, Ocala, FL, USA

Price: $3,142,857
Cap Rate: 5.25%
Net Operating Income: $165,000.00
Square-Footage: 2,504
Year Built: 2018
Lot Size: 0.79 AC

100% Fee Simple InterestCorporate GuaranteeExcellent Access and VisibilityHeavily Trafficked LocationInvestment Grade CreditRated CreditScheduled IncreasesSurrounded by Major Retailers

The subject offering is a fee simple interest in a net leased Starbucks. The ten year lease calls for minimal landlord obligations. The subject property is well situated on a major commercial thoroughfare, surrounded by major national retailers including Walmart Supercenter, Target, The Home Depot and many others. The area experiences a high volume of traffic as well with a combined 72,300 VPD along SW College Rd. and SW 27th Ave. The property is currently under development and is located 0.25 miles from the College of Central Florida - Ocala.

Ocala is a city located in Northern Florida. As of the 2013 census, its population, estimated by the United States Census Bureau, was 57,468, making it the 45th most populated city in Florida.

It is the seat of Marion County and the principal city of the Ocala, Florida Metropolitan Statistical Area, which had an estimated 2013 population of 337,362.

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Kase Abusharkh Founding Principal View profile
Jacob Abusharkh Managing Principal View profile

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