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11300 N 95th Cir
Ocala, FL 34481

$3,824,000 USD

Restaurant For Sale  •  5,506 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,506 SF
  • Lot Size 1.58 AC
  • Building Class C
  • Year Built 2005
  • Cap Rate 5.61 %
  • Tenancy Single
  • Zoning B4
40 Walk Score

Highlights

Absolute NNN lease with approximately 10.7 years of term remaining through April 2037, with no Landlord responsibilities
Corporate lease with Bob Evans Restaurants, LLC places the full operating entity behind the income stream
This location sees more foot traffic than 70% of Bob Evans stores in Florida (Placer.ai)
Lease includes +2% rental increases annually through the lease term and the greater of +2% annual increases or Fair Market Value in the option periods
Corporate ownership of every location eliminates the franchisee credit risk common to net-lease restaurants
Walmart outparcel on State Road 200, southwest Ocala’s dominant and fastest-growing retail artery carrying 22,000 AADT
Cap Rate: 5.61 %

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 92
Type: Surface
Included in Rent: Yes
Ryan Lundgren 847-287-0616 RIPCO Real Estate
Ryan Lundgren 847-287-0616 RIPCO Real Estate