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25728637
26460067

101 SW 60th Ave, Ocala, FL 34474

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$1,733,000
22 days on market
Updated 22 days ago

NNN Ellianos Coffee - Ocala FL

Details
APN 2318-001-002
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 820
Cap Rate 6%
NOI $103,997
Occupancy 100%
Tenancy Single
Brand/Tenant Ellianos Coffee
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2040
Remaining Term 14.2
Rent Bumps Yes
Lease Options 3 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 0.800
Zoning Commercial
Parking Spaces 9 spaces
Parking Per SqFt 10.98
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 08/01/2025
Ownership Fee Simple
Sale Condition 1031 exchange

New Construction | Absolute NNN | 15 Year Lease | 10% Increases Every Five Years

Marketing description

Introducing an exceptional investment opportunity at 101 SW. 60th Avenue, Ocala, Florida 34474. Situated just off I-75 with a high traffic count of 140,500 VPD, this property features a newly constructed 820 SF building leased to Ellianos Coffee under a brand-new 15-year Absolute NNN lease. The lease includes scheduled 10% rental increases every five years and 3 (5-year) extension options, showcasing the tenant's long-term commitment. Ellianos Coffee, a rapidly expanding franchise with an established presence in Florida, adds strength and reliability to this investment. The property's strategic location at a signalized corner intersection and its position as the second Ellianos in Ocala offer a competitive advantage with limited local competition. With zero landlord responsibilities, strong rental income, and growth potential through scheduled rent increases, this property presents a lucrative opportunity in a favorable market. Don't miss out on this turnkey investment in a prime location with a reputable tenant.

Investment highlights

  • Brand New 15-Year Lease | Strong & Growing Tenant | Scheduled Rental Increases | Options to Extend

  • Absolute NNN | Zero Landlord Responsibilities | No State Income Tax

  • Off I-75 | Off Signalized, Hard Corner Intersection |Silver Springs Road | Second Ellianos in Ocala

  • Ideal Demographics in Local Trade Area | Marion County | Ocala, FL - 6th Fastest-Growing City in US | World Equestrian Center

  • Demographics in 5-mile Trade Area

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$103,997.00
$8,666.42/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Brokerage
SRS Real Estate Partners-SOFLO LLC
Title
Broker of Record
Name
Patrick Nutt
License
BK3120739
Name
William Wamble
License
SL3257920
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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