For Sale
$5,500,000

2111 College RdOcala, FL 34474

High-Performing NNN Lease Investment

Overview

Added:
Feb 13
Days on market:
49
This exceptional investment opportunity presents a 12,576 square foot Golden Corral restaurant in Ocala, Florida. Located on 2.3 acres at 2111 SW College Rd, this Class A property boasts a strong 12-year remaining lease term (15-year original term) with a highly-rated franchisee operator. The current annual NOI is $317,653, representing a 5.75% cap rate, projected to increase to $349,000 within 28 months. Rent bumps occur every 5 years, providing inflation protection. The property features a single-tenant occupancy (100%) and is situated in a prime location on a major Ocala roadway, surrounded by thriving commercial and residential areas. Built in 1996, this one-story building is zoned for retail use. The NNN lease structure minimizes landlord responsibilities, making this a low-maintenance, high-return investment. The lease includes three 5-year renewal options, ensuring long-term stability and income generation. This is a rare opportunity to acquire a well-established, high-performing restaurant investment with significant upside potential. The property's strong location, reputable tenant, and favorable lease terms make it an attractive addition to any portfolio.

Highlights

  • $5,500,000 asking price for a Net Leased Golden Corral restaurant.
  • 12,576 square foot building on a 2.3-acre lot in Ocala, Florida.
  • 12 years remaining on a 15-year lease with 5-year rent bumps.
  • Strong NOI of $317,653, projected to increase to $349,000 within 28 months.
  • Located on a major roadway in a high-growth area of Ocala, with excellent demographics.
  • Class A retail property with 100% occupancy.

Property Details for 2111 College Rd

Property type
Retail properties, Restaurants
Square Feet
12,576 SF
Class
A
Year Built
1996
Buildings
1
Stories
1
Lot Size (sq. ft)
100,188 SF
Units
1

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.1726776
Longitude
-82.1614775
2111 College Rd, Ocala, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2111 College Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message