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21677156
21677157

2111 SW College Rd, Ocala, FL 34474

EJ
FL SL366102
Coldwell Banker Realty
Listed by Coldwell Banker Realty
$5,295,000
477 days on market
Updated 27 days ago

GOLDEN CORRAL

Details
Property Type Retail
Sub Type Restaurant
Square Footage 12,576
Units 1
Cap Rate 6%
NOI $317,653
Occupancy 100%
Tenancy Single
Brand/Tenant Golden Corral
Lease Type NNN
Lease Term 15
Remaining Term 12
Rent Bumps Yes
Broker Co-Op Yes
Class A
Year Built 1996
Buildings 1
Stories 1
Acreage 2.300
Zoning Retail
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No

Inflation Fighter

Marketing description

Investment Highlights:

Absolute NNN Lease – Tenant pays all operating expenses, property taxes, and insurance.
High-Traffic Retail Corridor – Located on SW College Road (SR-200), Ocala's busiest commercial thoroughfare.
Large Franchisee Backed Lease – Secure tenant with a nationally recognized brand.
Proven Business Model – Golden Corral’s buffet-style concept continues to perform well in key markets.
Strategic Location – Strong demographics with growing residential and commercial development in the area.

Perfect for 1031 exchange investors and those looking for passive, long-term income!

📩 For additional details or to schedule a property tour, contact us today!

Investment highlights

This amazing opportunity set on 2.3 acres of premium land with over 12000 square feet building set on one the major roadways of Ocala.

Currently bringing in over $317,000 per year and within 23 months jumps to $349,000 this is major inflation fighter investment. With 12 years remaining with 10% Bumps every 5 years and 3 options of 5 years each to renew the lease.

About Golden Corral

Founded in 1973 and based in Raleigh, N.C., Golden Corral is the nation’s largest grill-buffet restaurant chain. Golden Corral strives to make pleasurable dining affordable for all families. Golden Corral restaurants are 99% locally owned and operated by independent franchisees. While its commitment begins each day with preparing delicious food, Golden Corral also believes in providing outstanding hospitality and giving back. Service to others is a hallmark of the Golden Corral brand. In 2023, Golden Corral was recognized as one of the nation’s top 50 “Most Loved Brands” by Yelp. They were also recognized for valuing their customers and providing excellent customer service by Newsweek, “America’s Best Customer Service 2024.” In addition, Golden Corral has received multiple workplace awards in recognition of their deep-rooted culture. Golden Corral restaurants nationwide have long been strong supporters of the U.S. Military and DAV (Disabled American Veterans) and have more recently partnered with Project Healing Waters, an organization that helps active military service personnel and Veterans in need through a dedicated, developed curriculum of fly fishing, fly casting, fly tying, and fly rod building. Golden Corral is also the founding sponsor of Camp Corral, a 501(c)(3) tax-exempt, nonprofit corporation, which provides free, one-of-a-kind summer camp experiences for children of wounded, injured, ill or fallen service members. For more information, visit GoldenCorral.com and follow Golden Corral on Facebook, Instagram,and X, formerly known as Twitter.

Listing Contacts

EJ
FL SL366102
Coldwell Banker Realty
Listed by Coldwell Banker Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$317,653.00
$26,471.08/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Edward Johnston
License
SL366102
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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