5312 6Th PlOcala, FL 34474

Property Details for 5312 6Th Pl

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

9.88 AC

Property size (Sq ft)

89,600 SF

Zone code

M1

Property type

Other commercial real estate

APN

2318-010-001

APU

2318010001

Description

This exceptional investment opportunity presents a 102,400 square foot, Class A, single-tenant AT&T call center in Ocala, Florida. Located on a 9.88-acre lot at 5312 SW 6th Pl, 34474, this property boasts an absolute NNN lease with a credit-rated corporate guarantee, minimizing landlord responsibilities. The lease, commencing July 1, 2001, has a remaining term of 1.7 years, followed by three 3-year renewal options. The current annual net operating income (NOI) is $899,910, yielding an 8.18% cap rate at an asking price of $11,000,000 ($107.42/SF). Built in 1988 and renovated in 2001, the property features annual 1% rent bumps. The M1 zoning and established location in a growing trade area, coupled with Florida's tax-free status, make this a compelling investment. The property's size and tenant strength provide significant long-term value and stability. This is a fee-simple ownership opportunity with no ground lease. The building is 100% occupied since September 1, 2001.

• Alternative Use

  Use

  Valuation

  Residential

  $20,588,770

  Hospitality

  $18,859,202

  Educational

  $15,690,635

  Medical

  $16,230,260

  Retail

  $24,407,654

Location Insight

City

Ocala

County

Marion

State

Florida

Latitude

29.1799

Longitude

-82.2088

CBSA code

36100

CBSA name

OCALA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].