1839 SW COLLEGE RD Active

Ocala,FL 34471

$ 2500000

- Bed

0 Bath

10933 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 10,933 sqft

Price per Sqft $228

Subdivision Sunset Add

MLS Listing ID OM674897

HOA Y/N No

Originating Board Stellar MLS

Year Built 1984

Annual Tax Amount $16,703

Lot Size 0.640 Acres

Acres 0.64

Property Description

Class A Retail Building with frontage on SR 200 (College Road) Ocala's #1 Corridor. The building is currently leased to a Curaleaf Florida, a Medical Cannabis Dispensary, who recently entered into their second 5 year term which is set to expire or renew in November 2028. Curaleaf Florida is leasing the property on a NNN basis with a current annual net income of $131,196 with 5% annual escalations. The property has substantial renovations to suit the ten-ant’s needs; the current interior buildout consists of reception, pharmacy, consultation rooms, warehouse, 4 roll up doors with varying levels of dock high loading, excellent exposure on SR 200, and ample parking. The property sits on .64 acres and is located on SR 200 close to I-75, US Hwy 441/301/27, Downtown Ocala, Local Hospitals, and the Marion County Courthouse.

Location

State FL

County Marion

Community Sunset Add

Zoning B4

Interior

Cooling Central Air

Exterior

Waterfront false

Building

Story 1

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Block

New Construction false

Others

Ownership Sole Proprietor

Special Listing Condition None

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