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2650 SW College Rd
Ocala, FL 34471

$3,470,000 USD

Bank For Sale  •  2,994 SF

Property Details

  • Property Type Bank
  • Total Building Size 3,207 SF
  • Lot Size 0.67 AC
  • Building Class B
  • Year Built 1995
  • Cap Rate 4.25 %
  • Tenancy Single
  • Zoning B4
26 Transit Score
57 Walk Score

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
Cap Rate: 4.25 %

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Patrick Wagor 561-427-6699 Atlantic Capital Partners
Patrick Wagor 561-427-6699 Atlantic Capital Partners