2650 SW College Rd - Bank FOR SALE
Ocala, FL 34471 |
$3,470,000 USD
561-427-6699
2650 SW College Rd
Ocala, FL 34471
HIGHLIGHTS
- High-profile outparcel with drive-thru at the signalized entrance to a regional power center anchored by Earth Fare, Best Buy and Burlington
- Strategically located at the dominant retail intersection serving Ocala with over 72,000 VPD
- Ocala was ranked the 3rd fastest growing MSA in Florida July 22' - July 23' and is known for it's affluent equestrian community
- Fifth Third is rated A- by Fitch and operates +/- 1,200 branches across 10 states
- Absolute Net Ground Lease provides completely passive ownership and stable cash-flow for absentee owner
- Fixed 10% increases provide hedge against inflation and an average return of 4.93% over the base term of the lease
OVERVIEW
FOR SALE DETAILS
PRICE
$3,470,000 USD
PRICE/SF
$1,082 USD /SF
CAP RATE
4.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fifth Third Bank | Trophy Corner Location
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.67 AC
LAND SF
29,185 SF
ZONING
B4
APN/PARCEL ID
23560-004-03
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561-427-6699
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561-427-6699
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